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General Motors is considering building a new manufacturing facility in Texas, USA. All permits have been acquired and all laws and regulations have been met.

General Motors is considering building a new manufacturing facility in Texas, USA. All permits have been acquired and all laws and regulations have been met. The facility will cost $100 million dollars and take three years to complete. Assuming $7 million per year in net operating cash flows for 20 years. Use General Motor's cost of capital for 2018.

What is the net present value (NPV) and Internal Rate of Return (IRR) of the new facility.  Please show calculations.

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