QUESTION 1 Captain Obvious Corp. ("COC") is considering a real estate development project that will cost $5 million to undertake and is expected to produce annual inflows between $1 million and $4 million for two years. Management feels that if the project turns out really well the inflows will be $3 million in the first year and $4 million in the second. If things go very poorly, on the other hand, inflows of $1 million followed by $2.5 million are more likely. The company's cost of capital is 10%. If COC's management attaches a probability of 7 to the better outcome, what is the project's most likely (expected) NPV? Round the answer to the nearest dollar. Enter your answer in dollars without "$" or commas. For example, an answer of $1.2 million should be entered as 1200000, not 1.2