GE has the following two projects that it is considering; it can choose only one. Project A has an investment outlay$/$expense today of $$9\mathrm{.}8$M$,$ and its cash flows over the next three years are $$4\mathrm{.}2$M$,$ $$4\mathrm{.}2$M$,$ and $$5\mathrm{.}0$M$.$ Project B has an outlay of $$9\mathrm{.}8$M$,$ and cash flows of $$0$M$,$ $$0$M$,$ and $$14\mathrm{.}0$M$.$ Which project should GE choose if the cost of capital for similar projects is $3\mathrm{.}50\%?$

Project B

Cannot make a choice based on information given

Neither project should be chosen

Project A