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You are evaluating a business opportunity for your company that is anticipated to generate the following cash flows: Year Cash flow (millions) 0 -$13 1

You are evaluating a business opportunity for your company that is anticipated to generate the following cash flows:

Year Cash flow (millions)
0 -$13
1 $5
2 $6
3 $14

If the required return for this project is 13%, what is the project NPV?

Enter answer in millions (i.e., without all the extra 0s), accurate to two decimal places.

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