A taxfree company is evaluating a new machinery that is expected to produce an annual cash ow of $4 million for 5 years. The machine costs $10 million. However, as the following table shows, there is some uncertainty both about future cash flow and about the economic life of the new machinery: Pessimistic Expected Optimistic Annual cash flow $3M $4M $5M Economic life 4 years 5 years 6 years A sensitivity analysis is conducted using a discount rate of 10 percent and the following results are obtained: NPV Pessimistic Expected Optimistic Annual cash flow A B C Economic life D B E Which of the following net present values is a correct result from the sensitivity analysis? (a) A = $5.163M (b) A = -$0.490M (c) C = $5.849M (d) C = $8.954M (e) C = $11.776M