Question: General Motors has a weighted average cost of capital of 9%. GM is considering investing in a new plant that will save the company $30

General Motors has a weighted average cost of capital of 9%. GM is considering investing in a new plant that will save the company $30 million over each of the first two years, and then $25 million each year thereafter. If the investment is $150 million, what is the net present value (NPV) of the project? A. $137 million B. $82 million C. - $96 million OD. -$109 million
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