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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): The project's beta is 1.5 . Assuming that if =5% and E(rM)=11%. What is the net present value of the project? $33.03 $73.03 $100.00 $55.47 $15.83

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