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Muscat Metal is evaluating a project that requires an investment of S150 million today and provides a single cash flow of $180 million for sure

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Muscat Metal is evaluating a project that requires an investment of S150 million today and provides a single cash flow of $180 million for sure one year from now. Muscat Metal decides to use 100% debu inancing for this investment. The risk-free rate is 5% and Muscat's corporate tax rate is 21%. Assume that the investment is fully deprecated at the end of the year. The NPV of this project using the APV method is closest to: Select one: a $ 17 million b. $10 million. c. $71 million O d. $42 million

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