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Logic Legal Leverage ( LLL ) is evaluating a project that has a beta coefficient equal to 1 . 2 . The risk - free

Logic Legal Leverage (LLL) is evaluating a project that has a beta coefficient equal to 1.2. The risk-free rate is 2 percent and the market risk premium is 6 percent. The project, which requires an investment of $375,000, will generate $116,000 in after-tax operating cash flows for the next four years. Should LLL purchase the project? Do not round intermediate calculations. Round your answer to the nearest cent. Use a minus sign to enter a negative value, if any.
The project - Select- be purchased because the net present value, that is $ is zero.
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