You are a financial analyst at a major business valuation firm. You are analyzing how a change in beta will impact the present value of corporado considering an investment project. The project requires an initial investment of $100 million and wil generate a perpetuity of after tax cash of $15 milion every year forever. The project's beta is 2. Assume that risk free rate is 6% and the return on the market is 8%. Please answer the following questions. What is the net present value of the project 7 (sample answer $115 million) What is the highest possible discount rate for the project before its NPV becomes negative 2 sample answer: 15.45) What is the highest possible beta estimate for the project before its NPV becomes negative (sample answer: 1.24)