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Risky Prospecting Co. is considering a new excavation project. The company believes that the project has a beta of 1.4 . The T-bill rate is

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Risky Prospecting Co. is considering a new excavation project. The company believes that the project has a beta of 1.4 . The T-bill rate is 2.8%, and the S\&P 500 return is 4.4%. What is the appropriate return on the new project? 5.04% 6.64% 8.96% 6.16% 4.23%

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