An auto plant that costs $$60$ million to build can produce a new line of cars that will produce net cash flow of $$45$ million per year if the line is successful, but only $$8\mathrm{.}5$ million per year if it is unsuccessful. You believe that the probability of success is about $70$ percent. The auto plant is expected to have a life of $11$ years and the opportunity cost of capital is $13$ percent.

What is the expected net present value of building the plant?

Please state your answer in millions and in $2$ decimal places.

Number

million