Assume Ford Motors expects a new hybrid $-$ engine project to produce incremental cash flows of $$40$ million each year, and expects these to grow at $3\%$ each year. The upfront project costs

are $$380$ million and Ford's weighted average cost of capital is $8\%.$ If the issuance costs for external finances are $$20$ million, what is the net present value $($NPV$)$ of the project?

A$.$ $$420$ million

B$.$ $$400$ million

C$.$ $$360$ million

D$.$ $$440$ million