Norris Co, has developed an improved version of its most popular product. To get this Improvement to the market will cost $48 million but the project will return an annual cash flow of $13.5 million for 5 years in net cash flows. The firm's debt equity ratio is 0.25, the cost of equity is 13 percent, the pre-tax cost of debt is 9 percent, and the tax rate is 21 percent. Alt interest is tax deductible. What is the NPV of the project? (Choose closest answer It necessary)