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. An auto parts company is deciding whether to sponsor a racing team for a cost of $1 million. The sponsorship would last for three

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. An auto parts company is deciding whether to sponsor a racing team for a cost of $1 million. The sponsorship would last for three years and is expected to increase cash flows by $800,000 per year. If the discount rate is 6.5%, what will be the change in the value of the company if it chooses to go ahead with the sponsorship? O A $883,628 OB. $1,001,445 stions OC $589,085 OD. $942,536 ts

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