A project requires a capital expenditure today of $$17$ million. Suppose revenues will be $$6\mathrm{.}3$

million each year starting one year from now, and the only expenses are costs of goods sold,

which occur at the same time as revenues each year. There are no taxes. The project will

generate $12$ years of cash flows, and the cost of capital is $14\%.$ What is the break$-$even annual

cost of goods sold? Report a cost in $ millions that is correct to three digits after the decimal,

such as $1\mathrm{.}123$ for $$1\mathrm{.}123$ million.

The break$-$even cost is $ million.