a million investment to launch a new product line. The project is expected to generate a free cash flow of $

a. Ignoring issuance costs, what is the NPV of the investment? (Form the result in millions and keep the result in the second decimal place, if necessary) (Hint: Use the APV method.)

b. You receive some updated information about the above product line. The product line still needs a $150 million investment to launch. The project is expected to generate a f