Your factory has been offered a contract to produce a part for a new printer. The contract would last for $3$ years and your cash flows from the contract would be $$$$5\mathrm{.}07$ million per year. Your upfront setup costs to be ready to produce the part would be $$$$8\mathrm{.}17$ million. Your discount rate for this contract is $8\mathrm{.}5\%.$

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?

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Part $1$

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

The NPV of the project is $$$

$$

enter your response here million.$($Round to two decimal$$ places.$)$