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 $1.30 million in the first year with cash flows increasing by 4% per year after that. At what cost of capital would an investor regard both opportunities as being equivalent? O O OO OA. 6% B. 14% C. 13% D. 3%