Return to question 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): points Years from Now 1-10 After-Tax Cash Flow -40 14 1-10 The project's beta is 1.9. a. Assuming that re= 6% and Elm) = 12%, what is the net present value of the project? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) & Answer is complete but not entirely correct. Net present value 62,737,389.00 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 |