i. You are given the following information: The beta of GGM, an all-equity financed automobile manufacturer, is 0.75. ii. The market rate of return is expected to be 9%. The risk-free interest rate is 4.5%. ILI GGM is planning on launching a new luxury SUV called Mountain for the U.S. market. The revenue from selling Mountain is expected to be 590 million at the end of each of the next 5 years. Initial cost plus expenses are $270 million. Assume that the project has similar risk to the rest of the company. Determine the net present value of Mountain's launch Possible Answers A Less than 90 million B At least 90 million but less than 100 million c At least 100 million but less than 110 million At least 110 million but less than 120 million At least 120 million