Consider the following capital budgeting problem, you invest 100 and expect to receive $50 in each of the next three years. The discount rate is 10%. What is the initial cost of the project, how much value is created and what would you be willing to sell the project for?

A=Initial cost $100; value created is $24.34; and sale price would be $124.34

B=Initial cost $100; value created is $50; and sale price would be $150

C=Initial cost $100; value created is $150; and sale price would be $124.34

D=Initial cost $100; value created is $24.34; and sale price would be $150

E=None of the above.