L Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash flows of $13,000,000, $23,000,000, and 29,000,000 over the next three years. The cost of capital is 20 percent. What is the net present value of this project? (Do not round intermediate computations. Round final answer to nearest million dollars.) $10 million $12 million $14 million $16 million

Turnbull Corp. is in the process of constructing a new plant at a cost of 530 million 11 expects the project to qenti. The cost of sta milion $12 milion S14 inilich 516 mileon