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Q3 Transmeta PLC is considering a new investment project, linking all computers of the firm into a single network. As an outcome of this investment,

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Q3 Transmeta PLC is considering a new investment project, linking all computers of the firm into a single network. As an outcome of this investment, the cash-flows of the firm (C), which are also dependent on the state of the world, are given in the table below. State High growth Medium growth Low growth Probability 0.30 0.40 0.30 Im 35% 240,000 E180,000 120,000 15% Where Imare market return rates You can assume that the risk free rate r-596, and CAPM holds empirically. Calculate the Cash Flow Beta of the project

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