A project has the following forecasted cash flows: Cash Flows thousanda) CA C C2 3 -170 +110 +130 +120 The estimated project beta is 1.54. The market return reis 18%, and the risk-free rate rf is 4%. a. Estimate the opportunity cost of capital and the project's PV (using the same rate to discount each cash flow). (Do not round intermediate calculations. Enter your cost of capital answer as a percent and enter your PV answer in thousands. Round your answers to 2 decimal places.) Cost of capital PV b. What are the certainty-equivalent cash flows in each year? (Do not round intermediate calculations. Enter your answers in thousands rounded to 2 decimal places.) Year Certainty-Equivalent Cash Flow 1 2 3