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

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