Question: D Question 16 5 pts You are considering a new project. The initial cost is $165 million. You expect free cash flow (FCFF) of $5million

D Question 16 5 pts You are considering a new project. The initial cost is $165 million. You expect free cash flow (FCFF) of $5million the 1st year, and that this free cash flow will grow by 11.8% over the following 10 years (l.e. g=11.8% for t2 through t=11). After that, free cash flow is expected to grow at a constant rate of 4.7% forever. Assume a WACC equal to 10%. What is the project's NPV "in millions of dollars"? Answer should include four digits to the right of the decimal point

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