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14- A project has sales of $100 per year forever. Costs will be $54 the first year and will increase by 8% every year. Ignoring

14- A project has sales of $100 per year forever. Costs will be $54 the first year and will increase by 8% every year. Ignoring taxes, what is the NPV at 10% (don't forget to reflect the option to abandon in your answer)?

1- between $160 and $170

2- between $180 and $190

3- greater than $200

4- between $190 and $200

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