MyJet Airways is considering the following three mutually exclusive projects with different lives. Project A with first cost of $100 million and operating cost of $1.2 million per quarter. This project is considered permanent or has an infinite life. Project B with first cost of $25 million and operating cost of $3 million per quarter with 10-year life. Project C with first cost of $10 million and operating cost of $0.8 million per quarter with four-year life. Using PW analysis, assuming a MARR of 12 percent per year compounded quarterly, which project should be selected by MyJet Airways?