For Part B, I am not sure if I answered the "fill in the box" correctly.

You run a construction firm. You have just won a contract to build a government office building. It will take one year to construct it requiring an investment of $9.78 million today and $5.00 million in one year. The government will pay you $22.50 million upon the building's completion. Suppose the cash flows and their times of payment are certain, and the risk-free interest rate is 10%. a. What is the NPV of this opportunity? b. How can your firm turn this NPV into cash today? a. What is the NPV of this opportunity? The NPV of this opportunity is $ 6.13 million. (Round to two decimal places.) b. How can your firm turn this NPV into cash today? (Select from the drop-down menus.) of the The firm can borrow $20.45 million today, and pay it back with 10% interest using the $22.50 million it will receive from the government. The firm can use $9.78 million $22.50 million to cover its costs today and save $4.55 million in the bank to earn 10% interest to cover its cost of $9.78 million next year. This leaves $6.12 million today. in cash for the firm