Your firm has identified three potential investment projects. The projects and their cash flows are shown here: $($Click on the following icon $$ in order to copy its contents into a spreadsheet.$)$

$\backslash$table$[[$Project$,$Cash Flow Today $($$ millions$),$Cash Flow in One Year $($$ millions$)],[$A$,10,23],[$B$,7,3],[$C$,22,-8]]$

Suppose all cash flows are certain and the risk$-$free interest rate is $5\%.$

a$.$ What is the NPV of each project?

b$.$ If the firm can choose only one of these projects, which should it choose based on the NPV decision rule?

c$.$ If the firm can choose any two of these projects, which should it choose based on the NPV decision rule?

a$.$ What is the NPV of each project?

The NPV of project $A$ is $$,|||$ million. $($Round to two decimal places.$)$

The NPV of project B is $$9\mathrm{.}52$ million. $($Round to two decimal places.$)$

The NPV of project $C$ is $$13\mathrm{.}33$ million. $($Round to two decimal places.$)$

b$.$ If the firm can choose only one of the $[$se projects, which should it choose based on the NPV decision rule? $($Select the best choice below.$)$

$\frac{?}{{?}_{\frac{?}{?}}}$ Prniarti