Question
Highlander Inc., an all equity firm, has a project with the projected cash flows of -$109,000; $51,800; $54,200; and $31,500 for years 0 to 3,
Highlander Inc., an all equity firm, has a project with the projected cash flows of -$109,000; $51,800; $54,200; and $31,500 for years 0 to 3, respectively. The current risk free rate is 4%, the risk premium on the market portfolio is 8% and Highlander Inc. has a beta of 1.2. What is the NPV of Highlander's project?
Group of answer choices
-$1,266.92
$84.94
$1,466.60
-$2,589.84
-$3,884.68
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The Emotion Behind Money Building Wealth From The Inside Out
Authors: Julie M. Murphy
1st Edition
979-8598954188
