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A project has two possible outcomes. The good outcome returns $9,000 next year and occurs 59% of the time. The bad outcome is total failure,

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A project has two possible outcomes. The good outcome returns $9,000 next year and occurs 59% of the time. The bad outcome is total failure, retuming $0, the rest of the time. If the risk free interest rate is 3.2%, the expected market return is 12.6%, and the project beta is 1.1 , what is the price of the project today

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