Question: A project costs $10 today, generates a level cash flow of $20 starting in one year and continuing for ten years. Investors have a 10%

A project costs $10 today, generates a level cash flow of $20 starting in one year and continuing for ten years. Investors have a 10% cost of capital. What is the NPV of this project?

Less than $120

Between $120 and $150

Between $150 and $200

More than $200

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