You may attempt this question 4 more times for credit. problem, except one thing the value of the hotel, should the city be awarded the franchise, is not $8 million but instead is $5.55 million. Using the of the hotel, what is the NPV of the project assuming that the probability of the city being awarded the franchise is 60% ? million Place your answer in millions of dollars using three decimal places. For example, the answer of nine hundred and seventy five thousand would be entered as 0.975 You may attempt this question 4 more times for credit. problem, except one thing the value of the hotel, should the city be awarded the franchise, is not $8 million but instead is $5.55 million. Using the of the hotel, what is the NPV of the project assuming that the probability of the city being awarded the franchise is 60% ? million Place your answer in millions of dollars using three decimal places. For example, the answer of nine hundred and seventy five thousand would be entered as 0.975