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Question 23 (1 point) Linen A firm is considering a project that has an up front cost of $50 million. The project is expected to

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Question 23 (1 point) Linen A firm is considering a project that has an up front cost of $50 million. The project is expected to generate a cash flow of 59 million a year for each of the next 10 years. However, the project is expected to produce environmentally hazardous material that must be stored securely forever, even after the project has stopped generating revenues. Thus, starting in year 11, the project is expected to generate a negative cash flow fi.e. cash outflow) of $1 milion a year, each year, forever. The appropriate discount rate for this project is 8% per year compounded annually. What is the net present value of this project? Round all intermediate calculations to 6 decimal points. Your final answer should be within 55 of the correct answer choice. $4,600,814 -$1,843.952 -$3.948.491 516,180,651

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