New Flyer Industries has decided to expand its production of hybrid transit buses. The firm

expects incremental cash flows of $$8$ million per year for the next $8$ years. The upfront cost of

the expansion is $$28$ million, and there are additional flotation costs of $$1\mathrm{.}5$ million. If the New

Flyer's WACC is $10\%,$ what is the overall NPV of the project? A$)$ $$34,500,000$

B$)$ $$14,679,410$

C$)$ $$36,000,000$

D$)$ $$50,500,000$

E$)$ $$13,179,410$