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Problem 9-8 You are a consultant to a large manufacturing corporation that is considering a project with the following net after-tax cash flows (in millions

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Problem 9-8 You are a consultant to a large manufacturing corporation that is considering a project with the following net after-tax cash flows (in millions of dollars): Years from Now After-Tax Cash Flow -92 17 1-10 The project's beta is 12 a. Assuming that ly = 4% and E = 11%, what is the net present value of the project? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Net present value b. What is the highest possible beta estimate for the project before its NPV becomes negative? (Round your answer to 2 decimal places.) Highest beta bela

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