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You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in millions of dollars): The project's

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You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in millions of dollars): The project's beta is 1.7. Assuming r(f)=9%, and E[r(m)]=19%. What is the net present value (NPV) of the project? $12.46 million $18.64 million $15.64 miliion $16.45 million

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