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$)$:

$\backslash$table$[[$Years from,After$-$Tax$],[$Now$,$Cash Flow$],[0,-95],[1-10,26]]$

The project's beta is $1\mathrm{.}3.$

Required:

a$.$ Assuming that $r_f=7\%$ and $E(r_M)=14\%,$ 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.

$\backslash$table$[[$a$.$ Net present value,$$,220\mathrm{.}20],[$b$.$ Highest beta,vdots,$1\mathrm{.}00]]$