Your factory has been offered a contract to produce a part for a new printer. The contract would last for three years, and your cash flows from the contract would be $$5\mathrm{.}19$ million per year. Your upfront setup costs to be ready to produce the part would be $$8\mathrm{.}07$ million. Your discount rate for this contract is $7\mathrm{.}6\%.$

a$.$ What does the NPV rule say you should do$?$

b$.$ If you take the contract, what will be the change in the value of your firm?

a$.$ What does the NPV rule say you should do$?$

The NPV of the project is $ million. $($Round to two decimal places.$)$