McCann Catching, Inc, has 3.00 million shares of stock outstanding. The stock currently sells for $12.52 per share. The firm's debt is publicly traded and was recently quoted at 92.00% of face value. It has a total face value of $19.00 million, and it is currently priced to yleld 10.00%. The risk free rate is 2.00% and the market risk premium is 8.00%. You've estimated that the firm has a beta of 1.44. The corporate tax rate is 40.00%. The firm is considering a $46.75 million expansion of their production facility. The project has the same risk as the firm overall and will earn $12.00 million per yoar for 7.00 years. What is the NPV of the expansion? (answer in terms of millions, so 1,000,000 would be 1.0000) Answer format: Currency: Round to: 4 decimal places