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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

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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 1.9. Assuming r_f = 5% and E[r_M) = 15%. a. What is the net present value of the project? b. What is the highest possible beta estimate for the project before its NPV becomes negative

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