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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): Years from
You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in millions of dollars): Years from Now After-Tax CF 0 $ 33 1 to 10 $ 12 The project's beta is 1.4. Assuming rf = 4% and E(rM) = 14%
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