10. You are considering two investment options. Project A requires an investment of $10 million at time 0 and pays $12 million at the end of year 1 . Project B requires an investment of $12 million at time 0 and pays $8 million at the end of years 2 and 3 (two annual payments). The cost of capital is 10%. What is the difference between the NPVs of Project A and Project B (i.e., NPV A - NPV B)? (a) $909,091 (b) $622,089 (c) $287,002 (d) $2,000,000