You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in millions of dollars):

Years From Now	After Tax Cash Flow
0	-37
1-9	12
10	24

The project's beta is 1.6. Assuming rf = 5% and E(rM) = 15%

What is the net present value of the project? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Net present value million = ___________million