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please round to 4 decimal places A project has two possible outcomes. The good outcome returns $9,000 next year and occurs 68% of the time.
please round to 4 decimal places
A project has two possible outcomes. The good outcome returns $9,000 next year and occurs 68% of the time. The bad outcome is total failure, returning $0, the rest of the time. If the risk free interest rate is 4.3%, the expected market return is 17.4%, and the project beta is 0.9, what is the price of the project today Step by Step Solution
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