20. Assume all the numbers are in cash flows (i.e., no adjustments are required). A company has 100 million dollars of equity (S) and 100 million dollars of debt (B). The cost of equity (Rs) is 18%, and the cost of debt (RB) is 5%. The company is considering a project that requires 100 million dollars of investment at time 0 , which will produce an EBIT (1tc) of 20,50 , and 70 million dollars in years 13, respectively. The tax rate is 30%. What is the project's NPV in millions? (a) $10.35 (b) $8.65 (c) $22.75 (d) $40.00