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General Motors has a weighted average cost of capital of 11%. GM is considering investing in a new plant that will save the company $20

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General Motors has a weighted average cost of capital of 11%. GM is considering investing in a new plant that will save the company $20 million over each of the first two years, and then $10 million each year thereafter. If the investment is $100 million, what is the net present value (NPV) of the project? A. $8.8 million B. $7.6 million C. $8.0 million D. $7.2 million

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