You are a consultant to a large manufacturing corporation that is considering a project with the following net after-tax cash flows (in millions of dollars): The project's beta is 1.1 . Required: a. Assuming that rf=6% and E(rM)=16%, what is the net present value of the project? Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places. b. What is the highest possible beta estimate for the project before its NPV becomes negative? Note: Round your answer to 2 decimal places