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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)

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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) Years from Now After-tax Cash Flow 1-10 0 -85 19 The project's beta is 12. a. Assuming that ry - 71 and BtM) - 111what is the net present value of the project? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Net present value b. What is the highest possible beta estimate for the project before its NPV becomes negative? (Round your answer to 2 decimal places) Highest bota

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