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A project has an expected risky cash ow of $515 in year 3. The risk-free rate is 4 percent, the expected market rate of return

A project has an expected risky cash ow of $515 in year 3. The risk-free rate is 4 percent, the expected market rate of return is 14 percent, and the project's beta is 1.20. Calculate the certainty equivalent cash ow for year 3, CEQ3

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