Suppose Procter and Gamble (P\&G) is considering purchasing $18 million in new manufacturing equipment. If it purchases the equipment, it will depreciate it on a straight-line basis over the five years, after which the equipment will be worthless. It will also be responsible for maintenance expenses of $0.75 million per year. Alternatively, it can lease the equipment for $4.1 million per year for the five years, in which case the lessor will provide necessary maintenance. Assume P\&G?s tax rate is 30% and its borrowing cost is 7.0%. a. What is the NPV associated with leasing the equipment versus financing it with the lease equivalent loan? b. What is the break-even lease rate-that is, what lease amount could P\&G pay each year and be indifferent between leasing and financing a purchase? a. What is the NPV associated with leasing the equipment versus financing it with the lease equivalent loan? The NPV is $ million. (Round to two decimal places.)