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Epsilon Corp. is evaluating an expansion of its business. The cash-flow forecasts for the project are as follows: Years Cash Flow (5 millions) -215 44

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Epsilon Corp. is evaluating an expansion of its business. The cash-flow forecasts for the project are as follows: Years Cash Flow (5 millions) -215 44 1-B The firm's existing assets have a beta of 17. The risk-free interest rate is 3% and the expected return on the market portfolio is 11% What is the project's NPV? (Enter your answer in millions. A negative answer should be indicated by a minus sign. Do not round intermediate calculations, Round your answer to 2 decimal places.) NPV million

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