The Aaron Corporation is evaluating a new project proposal that would cost $220 million and is expected to generate $69 million per year for the next 5 years. The company's hurdle rate for similar projects is 10%. An alternative configuration for the project would cost only $150 million and generate only $38 million per year for the 5 year planning horizon but would also provide the opportunity to expand after one year for an additional cost of $50 million, which in turn would increase the expected cash flows for the remaining years of the project to $92 million per year. What is the value of the real option (in $ millions, rounded to one decimal place, e.g., 23.4) that is embedded in the alternative configuration of the project?