Question: answer and steps please Canfly Airlines is considering two mutually exclusive projects, Project A and Project B. The projects have the following cash flows (in

answer and steps please
answer and steps please Canfly Airlines is considering two mutually exclusive projects,

Canfly Airlines is considering two mutually exclusive projects, Project A and Project B. The projects have the following cash flows (in millions of dollars): Year Project A Cash Flow Project B Cash Flow 0 -$4.0 ? 1 2.0 1.7 2 3.0 3.2 3 5.0 5.8 The crossover rate of the two projects' NPV profiles is 9 percent. What is the cash flow for Project B at t = 0? O a. -$4.0 million. O b. -$8.73 million O c. -$4.22 million O d. -$4.51 million -$7.53 million

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