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You are a consultant to a large manufacturing corporation considering a project with the following net ofter-tax cash flows (in Millions of dollars); Yaara on

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You are a consultant to a large manufacturing corporation considering a project with the following net ofter-tax cash flows (in Millions of dollars); Yaara on Now 0 1- After-tax CT -26 16 32 The project's beta is 1.5. Assuming re - 6 and 7) - 120 a. What is the net present value of the project? (Do not round Intermediate calculations. Enter your answer in millons rounded to 2 decimal places) Net present value million b. What is the highest possible beta estimate for the project before its NPV becomes negative? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Highest possible beta value

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