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The expected return on the market portfolio is 12% and the riskless return is 6%. The Saba project cost $14,000, has a beta of 1.4
The expected return on the market portfolio is 12% and the riskless return is 6%. The Saba project cost $14,000, has a beta of 1.4 and is expected to return $2,000 per year perpetuity. What is the Saba project's NPV?
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