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You run a construction firm. You have just won a contract to build a government office complex. Building it will require an investment of $9.6

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You run a construction firm. You have just won a contract to build a government office complex. Building it will require an investment of $9.6 million today and $4.9 million in one year. The government will pay you $20.3 million in one year upon the building's completion. Suppose the interest rate is 10.5%. a. What is the NPV of this opportunity? b. How can your firm turn this NPV into cash today? a. The NPV of the proposal is $ million. (Round to two decimal places.) b. How can your firm turn this NPV into cash today? (Select the best choice below.) A The firm can borrow $22.78 million today and pay it back with 10.6% interest using the $20.3 million it will receive from the government. B. The firm can borrow $14.5 million today and pay it back with 10.6% interest using the $18.35 million it will receive from the government. C. The firm can borrow $18.35 million today and pay it back with 10.6% interest using the $20.3 million it will receive from the government. D

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