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Two mutually exclusive investment opportunities require an initial Investment of $5 million Investment Athen generates $2.00 million per year in perpetuity, while Investment pays 51

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Two mutually exclusive investment opportunities require an initial Investment of $5 million Investment Athen generates $2.00 million per year in perpetuity, while Investment pays 51 10 million in the first year, with cash flows increasing ty 4% per year after that. At what cost of capital would an investor regard both opportunities as being equivalent? OA. 4% OB. 10% OC. 9% D. 29

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