A company is in the process of constructing a new plant at a cost of $11 million. It expects the project to generate cash flows of $9 million, $6 million, and $12 million over the next three years. The cost of capital is 13.9 percent p.a. What is the net present value of this project? (in millions to three decimals) O a. $31.648 O b. $10.290 O c. $9.648 O d. $7.128