Power Metal is evaluating a project that requires an investment of $150 million today and provides a single cash flow of $180 million for sure one year from now. Power Metal decides to use 100% debt financing for this investment. The risk-free rate is5% P M 40%. A at the end of the year.

The NPV of this project using the APV method is closest to: A) $ 10 million

B) $ 13 million

C) $ 42 million

D) $ 71 million