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Joyful Pirafe Clothing is thinkeng about opening a now location in Newark. The new store will cost 18 miltion dollars today In year 1 ,

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Joyful Pirafe Clothing is thinkeng about opening a now location in Newark. The new store will cost 18 miltion dollars today In year 1 , the store will generate FCFs of 2 million dollars. In year 2 , the store will generate FCFs of 3 million dollars. After that, FCFs wil grow at a rate of 2%4 per yeat it the cost of caphal 15.17\%, what is the NPV of the new store? (Be sure to enter your answer in mallions)

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