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GGG Inc. is considering a project that has an IO = -121 and OCF = $19 a year for 10 years and a TV =

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GGG Inc. is considering a project that has an IO = -121 and OCF = $19 a year for 10 years and a TV = $20 at the end of 10 years. The beta of the project is 1.0, the expected market risk premium is 10% and the risk-free rate is 4%. The tax rate is 20%. The WACC for GGG Inc. is 10%. What is the NPV of the project? 4 For your answer and to reduce rounding errors, round to the nearest dollar; use NO decimals; do not enter dollar sign ($); enter a - in front of number if answer is a negative number (do not use parenthesis to express negative #'s). For example, if your answer is 10.459 enter 10; if your answer is -2.00 enter -2; if your answer is - $45.39 then enter -45 Your

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