ABC Corp is evaluating whether to build a new production facility for its robotics components. The facility will cost

$30

million upfront to build and generate free cash flows of

$9

million,

$13.7

million, and

$12

million in year 1,2, and 3, respectively. The facility will become obsolete after year 3 and has no salvage value. What is the NPV of constructing the facility (in $millions) if it has a cost of capital of 11 percent?\ a. -2.00\ cross out .\ b. -3.00 cross out\ c. -4.00 cross out\ . -1.00\ cross out\ e. 0.00\ cross out

ABC Corp is evaluating whether to build a new production facility for its robotics components. The facility will cost $30 million upfront to build and generate free cash flows of $9 million, $13.7 million, and $12 million in year 1,2 , and 3 , respectively. The facility will become obsolete after year 3 and has no salvage value. What is the NPV of constructing the facility (in $ millions) if it has a cost of capital of 11 percent? a. -2.00 cross out b. -3.00 cross out c. -4.00 cross out fi. -1.00 cross out e. 0.00 cross out ABC Corp is evaluating whether to build a new production facility for its robotics components. The facility will cost $30 million upfront to build and generate free cash flows of $9 million, $13.7 million, and $12 million in year 1,2 , and 3 , respectively. The facility will become obsolete after year 3 and has no salvage value. What is the NPV of constructing the facility (in $ millions) if it has a cost of capital of 11 percent? a. -2.00 cross out b. -3.00 cross out c. -4.00 cross out fi. -1.00 cross out e. 0.00 cross out