Ang Electronics inc has developed a new DVD-R. If the DVD-R is successful, the PV of the payoff (when the product is brought to market) is \$32 million, if the DVD R falls, the PV of the payofi is $19 million. If the product goes directly to market, there is a 37 percent chance of success. Atternatively, Ang can spend $6.5 million immediately and delay the launch by one year to test market the DVD.R Test marketing would allow the firm to improve the product and increase the probability of success to 80 percent. The appropriate discount rate is 15 percent. a. Calculate the NPV of going directly to market now. (Round the answer to the neorest whole number, Enter the answer in dollors, not millions of dollars. Omit $ sign in your response.) NPV $ b. Caiculate the NPV of test marketing first. (Do not round intermediate calculotions. Round the answer to 2 decimal places. Enter the answer in doliars, not millions of dollars. Omit $ sign in your response.) NPV c. Should the firm conduct test marketing? Yes Nol