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serenity parts is considering a new project they believe that the project has a beta of 1.67 the T-bill rate is 5% risk free rate

serenity parts is considering a new project they believe that the project has a beta of 1.67 the T-bill rate is 5% risk free rate in the S&P 500 return which represents market is 13% what is the appropriate expected return on the new project?
a 16.46
b 19.46
c 20.75
d 19.88
e 18.36

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