1. You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in millions of dollars): Years from Now After Tax CF -20 1-10 10 The project's beta is 1.7. Assuming r= 9% and Ery) = 19%, what is the net present value of the project? What is the highest possible beta estimate for the project before its NPV becomes negative? (LO 7-2) 12. Consider the following table, which gives a security analyst's expected return on two stocks and the market index in two scenarios: (LO 7-2) Scenario Probability Market Return Aggressive Stock Defensive Stock 5 5% 3.50