An auto plant that costs $60 million to build can produce a new line of cars that will produce net cash flow of $50 million per year if the line is successful, but only $3.5 million per year if it is unsuccessful. You believe that the probability of success is about 20 percent. The auto plant is expected to have a life of 18 years and the opportunity cost of capital is 13 percent.

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