You are considering making a movie. The movie is expected to cost $10.4 million upfront and take a year to make. After? that, it is expected to make $4.2 million in the first year it is released? (end of year? 2) and $2.1 million for the following four years? (end of years 3 through? 6) .
What is the NPV of the movie if the cost of capital is 10.8%?? (Round to 3 decimals.)