CORRECTED. YEARS 0-4. (NO 5). RiverRocks, Inc., is considering a project with the following projected free cash flows:

Year 0 1 2 3 4 Cash Flow (in millions) Yr 0 negative $ 50.0 Yr 1 $ 10.0 Yr 2 $ 20.0 Yr 3 $ 20.0 Yr 4 $ 15.0

The firm believes that, given the risk of this project, the WACC method is the appropriate approach to valuing the project. RiverRocks' WACC is 12.0 %. Should it take on this project? Why or why not?

The net present value of the project is $ ____ million.(Round to three decimal places.)