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General Motors has a weighted average cost of capital of 9%. GM is considering investing in a new plant that will save the company $25

General Motors has a weighted average cost of capital of 9%. GM is considering investing in a new plant that will save the company $25 million over each of the first two years, and then $15 million each year thereafter. If the investment is $100 million, what is the net present value (NPV) of the project?

A. $84.3 million

B. $92.7 million

C. $80.0 million

D. $75.8 million

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