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Years Cash Flow -10 +19 On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.30.

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Years Cash Flow -10 +19 On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.30. Assume that the rate of return available on risk-free investments is 5% and that the expected rate of return on the market portfolio is 15% a. What is the project IRR? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) IRR b. What is the cost of capital for the project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Cost of capital %

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