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A project requires a capital expenditure of $ 9 3 million today. It is depreciable straight line to zero over 1 6 years, but you

A project requires a capital expenditure of $93 million today. It is depreciable straight line to zero
over 16 years, but you expect to sell it 11 years from now (just after depreciating that year) at price
$61 million. Other data is as follows (income statement numbers are annual):
The project's cost of capital is 10%, and the tax rate is 25%. What is the NPV? Report an answer
in $ millions that is correct to at least three digits after the decimal. The NPV is $ million.
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