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Business, 29.07.2020 17:01 lenzner14

You are a consultant to a large manufacturing corporation that is considering a project with the following net after-tax cash flows (in millions of dollars): Years from Now After-Tax Cash Flow 0 –40 1–10 15 The project's beta is 1.8. a. Assuming that rf = 8% and E(rM) = 16%, what is the net present value of the project?

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