Your dividion is considering two projects with the following net cash flows (in millions):

0 1 2 3

Project A -$30 $10 $15 $22

Project B -$25 $15 $14 $11

What re the projects' NPV's assuming the WACC is 5%?

a) NPV(A) = $10,958,132.40, NPV(B) = $12,436,837.42

b) NPV(A) = $10,958,132.40, NVP(B) = $11,486,340.57

c) NVP(A) = $12,133,678.87, NVP(B) = $11,486,340.57

d) NVP(A) = $12,133,678.87, NVP(B) = $12,436,837.42