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Ozgur, a consultant in KPMG, evaluates the expansion of a client's business. The following are the project's cash flow estimates given in millions of dollars:

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Ozgur, a consultant in KPMG, evaluates the expansion of a client's business. The following are the project's cash flow estimates given in millions of dollars: Cash Flow Years 0 1-10 - 100 + 15 He estimates the firm's beta to be 1.42. Calculate the NPV (net present value) of the project assuming that the T-bill yields 6% and the expected rate of return on the market portfolio is 14%. (Intermediate calculations should not be rounded. Type your answers in millions of dollars, rounded to two decimal places.)

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