You run a construction firm. You have just won a contract to build a government office building. It will take one year to construct it, requiring an investment of

$10.00

million today and

$5.00

million in one year. The government will pay you

$22.00

million upon the building's completion. Suppose the cash flows and their times of payment are certain, and the risk-free interest rate is

6%.

a. What is the NPV of this opportunity?

b. How can your firm turn this NPV into cash today?

The NPV of this opportunity is

$enter your response here

million. (Round to two decimal places.)