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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 ($ millions) 0 -

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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 ($ millions) 0 - 150 1-9 25 The firm's existing assets have a beta of 1. The risk-free interest rate is 3% and the expected return on the market portfolio is 10%. What is the project's NPV? 0 -6.02 0 12.38 0 -11.04 52.59

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