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You are considering the capital budgeting project j with a life expectancy of 30 years. The T-bill rate (rf) is 4%, and the return on

You are considering the capital budgeting project j with a life expectancy of 30 years. The T-bill rate (rf) is 4%, and the return on the market (rm) the last 30 years has been 11%. The project beta i...

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