Georgia Movie Company has a capital structure with $46\mathrm{.}00\%$ debt and $54\mathrm{.}00\%$ equity. The cost of debt for the firm is $8\mathrm{.}00\%,$ while the cost of equity is $15\mathrm{.}00\%.$ The tax rate facing the firm is $38\mathrm{.}00\%.$

The firm is considering opening a new theater chain in a local college town. The project is expected to cost $$12\mathrm{.}00$ million to initiate in year $0.$ Georgia Movie expects cash flows in the first year to be $$3\mathrm{.}24$ million, and it also expects cash flows from the movie operation to increase by $3\mathrm{.}00\%$ each year going forward. The company wants to examine the project over a $13\mathrm{.}00-$year period.

What is the NPV of this project? $($express answer in millions, so $1,000,000$ would be $1\mathrm{.}00)$