Logic Legal Leverage (LLL) is evaluating a project that has a beta coefficient equal to 1.8. The risk-free rate is 3 percent and the market risk premium is 4 percent. The project, which requires an investment of $410,000, will generate $109,000 in after-tax operating cash flows for the next five 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-shouldshould notItem 1 be purchased because the net present value, that is $ , is -Select-greater thanlower thanequal toItem 3 zero.

		Grade it Now Save & Continue