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A project has the following net after-tax cash flows ( in millions of dollars) Year from now After-tax Cash Flow 0 -20 1 15 2
A project has the following net after-tax cash flows ( in millions of dollars)
Year from now | After-tax Cash Flow |
0 | -20 |
1 | 15 |
2 | 25 |
The projects beta is 1.7, =9%, E( )=19%
Whats the NPV of the project?
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