Your division is considering two facility investment projects, each of which requires an upfront expenditure of $25 million. You estimate that the investments will produce the following net cash flows:

Year	Project A	Project B
1	$7,000,000	$21,000,000
2	$12,000,000	$11,000,000
3	$22,000,000	$9,000,000

Instructions:

1. What are the project's net present values, assuming the cost of capital is 10%, 5%, and 15%?
2. What does this analysis tell you about the projects?