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The net cash flows for Project-P are as follows: Year-0: $(300) million; Year-1: $140 million; Year-2: $120 million; Year-3: $120 million and Year-4: $146 million.
The net cash flows for Project-P are as follows:
Year-0: $(300) million; Year-1: $140 million; Year-2: $120 million; Year-3: $120 million and Year-4: $146 million. If the required rate is 16.3%, what would be the NPV of the project?
(Write the answer in million dollars, for example, if the answer is $4.56 million, write only 4.56)
(USE negative sign, if applicable, to the answer, which should be rounded to 2-decimal places)
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