d Two mutually exclusive investment opportunities require an initial investment of $5 million. Investment A then generates $1.90 million per year in perpetuity, while investment B pays $1.40 million in the first year, with cash flows increasing by 3% per year after that. At what cost of capital would an investor regard both opportunities as being equivalent? w O A. 3% OB. 13% O C. 11% OD. 6% ? Click to select your answer T Privacy Policy mind