Company A has an investment opportunity that costs $10 million and will generate after-tax cash flows of $4 million for the next 12 years. If Company A decides to finance 30% of the investment issuing $3 million dollars in 12 years, 7% annual coupon bonds, trading at par value, calculate the APV value for this investment. The unlevered cost of equity is 14% and marginal tax rate is 34%.