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 $ 10.00 million today and $ 5.00 million in one year. The government will pay you $ 20.00 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? The firm can borrow _______ today, and pay it back with 10 % interest using the ________it will receive from the government. The firm can use __________of the _______ to cover its costs today and save ________ in the bank to earn 10 % interest to cover its cost of ________ next year. This leaves _______ in cash for the firm today.