You are a consultant to a firm evaluating an expansion of its current business. The cash-flow forecasts (in millions of dollars) for the project are as follows:

Years Cash Flow

0. -100

1-10. +18

On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.45. Assuming that the rate of return available on risk-free investments is 6% and that the expected rate of return on the market portfolio is 14%, what is the net present value of the project?(Negative amount should be indicated by a minus sign. Do not round intermediate calculations.Enter your answer in millions of dollars rounded to 2 decimal places.)

what is the net present value?