You are trying to value the following project for your company. You know that the project will generate free cash flows in perpetuity that will grow at a constant annual rate of 1% after year 2. The applicable interest rate for this project is 11%. What is the NPV of this project? Express your result in $-millions (do not include the $-symbol in your answer). If you calculate a negative NPV enter a negative number.

You are trying to value the following project for your company. You know that the project will generate free cash flows in perpetuity that will grow at a constant annual rate of 1% after year 2. The applicable interest rate for this project is 11%. What is the NPV of this project? Express your result in $-millions (do not include the $-symbol in your answer). If you calculate a negative NPV enter a negative number. Free Cash Flow Forecasts (in $-millions) Year 0 1 2 Free Cash Flows -3 17 16