Estefan Industries has a new project available that requires an initial investment of $5.5 million. The project will provide unlevered cash flows of $854,000 per year for the next 20 years. The company will finance the project with a debt-value ratio of .35. The companys bonds have a YTM of 7.5 percent. The companies with operations comparable to this project have unlevered betas of 1.05, .93, 1.20, and 1.15. The risk-free rate is 4.3 percent and the market risk premium is 6.4 percent. The tax rate is 24 percent. What is the NPV of this project?