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You are considering a project with the following net after-tax cash flows (in million of dollars): The project's beta is 1.7. Assume rf=9% and E(rM)=19%,

You are considering a project with the following net after-tax cash flows (in million of dollars): The project's beta is 1.7. Assume rf=9% and E(rM)=19%, what is net present value of the project? Select one: a. $27.73 b. $49.55 c. $15.64 d. $16.70

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