Consider the following two projects: Project Year 0 Year 1 Year 2 Year 3 Year 4 Cash Flow Cash Flow Cash Flow Cash Flow Cash Flow A - 100 40 60 N/A B -73 30 30 30 30 50 Discount Rate 0.15 0.15 The net present value (NPV) of project B is closest to: O A. 13.9 O B. 31.6 O C. 15.8 OD. 12.6 Two mutually exclusive investment opportunities require an initial investment of $8 million. Investment Athen generates $1.80 million per year in perpetuity, while investment B pays $1.00 million in the first year, with cash flows increasing by 5% per year after that. At what cost of capital would an investor regard both opportunities as being equivalent? O A. 12% OB. 6% O C. 3% OD. 11%