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An auto patc conpany is deciding whether to sponser a riscing team for a cost of 81 million, all of which is to be paid

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An auto patc conpany is deciding whether to sponser a riscing team for a cost of 81 million, all of which is to be paid up front. The sponsorshp weula last for three years and is expected to encrease cash flows by $500,000 per yoar If tho discount rate is 0.0%. What will be the change in the value of the coneary if it chooses to 90 aheod with the sponsorship? A. $747615 8. $697756 C. $314,559 D. $498,597

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