Homework: Chapter Eight Homework Save Score: 0 of 1 pt 13 of 20 (12 complete HW Score: 52.67%, 10.53 of 20 pts P 8-23 (similar to) Question Help You have just been offered a contract worth $1.19 million per year for years. However to take the contract, you will need to purchase some new equipment. Your discount rate for this project is 12.19. You are still negotiating the purchase price of the equipment. What is the most you can pay for the equipment and still have a positive NPV? The most you can pay for the equipment and achieve the 12.1% annual return is million (Round to two decimal places)