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You are a consultant to a firm evaluating an expansion of its current business. The cash flow forecasts in millions of dollars) for the project

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You are a consultant to a firm evaluating an expansion of its current business. The cash flow forecasts in millions of dollars) for the project are as follows: Yar Canhow - 100 13 On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.4. Assuming that the rate of return available on fisk-free investments is 4% and that the expected rate of return on the market portfolio is 12%, what is the net present value of the project? (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations. Enter your answer in milions of dollars rounded to 2 decimal places.) Net present value million

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