Jiminez, Incorporated, is an all$-$equity firm. The cost of the company$$s equity is currently $11\mathrm{.}1$ percent$$and the risk$-$free rate is $3$ percent. The company is currently considering a project that will cost $$11\mathrm{.}52$ million and last six years. The company uses straight$-$line depreciation. The project will generate revenues minus expenses each year in the amount of $$3\mathrm{.}27$ million.$$If the company has a tax rate of $24$ percent, what is the net present value of the project? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded$$to $2$ decimal places, e$.$g$.,1,234,567\mathrm{.}89)$ Jiminez, Incorporated, is an all$-$equity firm. The cost of the company's equity is currently $11\mathrm{.}1$ percent and the risk$-$free rate is $3$ percent. The company is currently considering a project that will cost $\backslash (\backslash$$ $11\mathrm{.}52\backslash )$ million and last six years. The company uses straight$-$line depreciation. The project will generate revenues minus expenses each year in the amount of $\backslash (\backslash$$ $3\mathrm{.}27\backslash )$ million. If the company has a tax rate of $24$ percent, what is the net present value of the project? $($Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to $2$ decimal places, e$.$g$.,\backslash (1,234,567\mathrm{.}89)\backslash )$

Answer is complete but not entirely correct.