New Food Inc. plans to open a new a new restaurant in North Dakota. The initial costs of opening the business is $7.2,million. The firm estimates a 34% probability of high demand for the new food. In this case New Food Inc. will receive annual cash flows of 12.1 million for the next 2 years. The firm estimates a 45% probability of medium demand. In this case the company expects to receive annual cash flows of $6.7million for 2 years. There is also possible that the demand will be low and the annual cash flows will be only $1.9 million for 2 years. The company's cost of capital is 14.15 percent.

Initial outlay in millions	Probability	Cash flow Year 1 in millions	Cash flow Year 2 in millions
	34%	12.1	12.1
7.2	45%	6.7	6.7
	Please calculate it	1.9	1.9

Calculate expected NPV of the project.

Calculate the answer in millions. Round the answer to two decimals.