b) A project with an initial cost of GHC500,000 has the following forecasted cash inflows: The estimate project beta is 1.2. The market return is 19%, and the risk-free rate is 10%. Compute the opportunity cost of capital and the project's Present Value. Indicate the annual CEQ cash flows. What is the ratio of CEQ cash flow to the expected cash flow in each case? What is the meaning of this ratio? What does this ratio declines