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A project costs $3 million, and is expected to generate $1 million in cash flows for the next 4 years. If the opportunity cost of
A project costs $3 million, and is expected to generate $1 million in cash flows for the next 4 years. If the opportunity cost of capital is 15%, the project's return would plot: above the security market line. below the security market line. on the security market line. on the security market line, with a beta of 1.0
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