Two mutually exclusive investment opportunities require an initial investment of $7 million. Investment Athen generates $1.90 million per year in perpetuity, while investment B pays $1.50 million in the first year, with cash flows increasing by 5% per year after that. At what cost of capital would an investor regard both opportunities as being equivalent? O A. 6% OB. 12% OC. 26% OD. 24%