Question: You run a construction firm. You have just won a contract to build a government office complex. Building it will require an investment of $ 9.8 million today and $ 4.8 million in one year. The government will pay you $ 20.6 million in one year upon the? building's completion. Suppose the interest rate is 10.8 % .
a. What is the NPV of this opportunity? The NPV of the proposal is $ nothing million. (Round to two decimal places.)