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You are a consultant for a large manufacturing corporation that is considering a project with the following cash flows (in milions of dollar); Years from

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You are a consultant for a large manufacturing corporation that is considering a project with the following cash flows (in milions of dollar); Years from now Cash flows 0 1 5 4 5 5 10 6 10 You have just estimated that the project's beta is 1.4. The risk-free rate is 7% and the expected return of the market is 12%. (6 points) (a) What is the discount rate for this project? (b) What is the NPV of the project

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