Question 5 (20 points) You work for the wildly successful entertainment company, "FinanceRocks". Fresh off the success of your runaway hit spreadsheet "Chillin' with Compound Interest", you are planning to roll-out a Captain FinTech action figure, complete with kung-fu grip (a la GI Joe), overhead markers, business calculator, and a can-do attitude! Your marketing department reports that their survey (at a cost of $5 million) indicated considerable demand for the product. You have spent $8 million on the completed design of the action figure. Revenues for the action figure are expected to be $10 million per year for 5 years. Labor and material costs will run $2 million per year. Additional administrative cost will be $1 million per year. You will have to buy a $1.5 million machine immediately, which will be depreciated to zero book value using the straight-line method over 5 years. You expect to be able to sell the machine for $300,000 at the end of 5 years. Your company already had existing net working capital level at $5 million. Production of the new product will require your company to increase your working capital from the previous level of $5 million to $6 million immediately. Working capital will decrease back down to $5 million at the end of the project. Despite the obvious public good that you are providing, the government insists on taxing you at a rate of 21%. The appropriate discount rate is 15%. What is the NPV of the project