33.)

A project has an expected risky cash flow of $520 in year 3. The risk-free rate is 3 percent, the expected market rate of return is 14 percent, and the project's beta is 1.50. Calculate the certainty equivalent cash flow for year 3, CEQ₃.

		$262.54
		$332.97
		$287.56
		$289.34
		$230.52