You run a construction firm. You have just won a contract to build a government office complex. Building it will require an investment of

$9.7

million today and

$4.6

million in one year. The government will pay you

$21.5

million in one year upon the building's completion. Suppose the interest rate is

10.7%.

a. What is the NPV of this opportunity?

b. How can your firm turn this NPV into cash today?