oper You work for a pharmaceutical company that has developed a new drug The potent on the drug will last 17 years. You expect that the drug's profils will be $2 milion in its fear and that this amount will grow atara year for the next 17 years. Once the potent expires other pharmaceutical companies will be able to produce the same drug and competition will likely drive prostor What is the presentate of the drug the interest rate is 10% per year? The present value of the new drugie million (Round to three decimal places)