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5. A company is evaluating a 10-year project. The project costs $40 million to start, and will generate $15 million each year from Year
5. A company is evaluating a 10-year project. The project costs $40 million to start, and will generate $15 million each year from Year 1 to Year 10. The project's beta is 1.8. Assuming that rf= 8%, and E(rm) = 6%, what is the net present value of the project?
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
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