Score: 0 of 1 pt 4 of 6 (2 complete) HW Score: 30%, 1.8 of 6 pts P 8-23 (similar to) s Question Help You have just been offered a contract worth $1.18 million per year for 5 years. However, to take the contract, you will need to purchase some new equipment. Your discount rate for this project is 11.8%. You are still negotiating the purchase price of the equipment. What is the most you can pay for the equipment and still have a positive NPV? The most you can pay for the equipment and achieve the 11.8% annual return is $ million. (Round to two decimal places.)