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0.18 points You are a consultant to a firm evaluating an expansion of its current business. The cash-flow forecasts (in millions of dollars) for the

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0.18 points You are a consultant to a firm evaluating an expansion of its current business. The cash-flow forecasts (in millions of dollars) for the project are as follows Years Cash Flow -100 + 20 1-10 On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.47. Assume that the rate of return available on risk-free investments is 5% and that the expected rate of return on the market portfolio is 15%. What is the project IRR? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) IRR What is the cost of capital for the project? (Do not round intermediate calculations. Enter your answerk as a percent rounded to 2 decimal places.) Cost of capital Does the accept-reject decision using IRR agree with the decision using NPV? O Yes O No References

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