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Your firm is considering a project that is expected to produce a single cash flow of $6000 next year. The market beta of the project
Your firm is considering a project that is expected to produce a single cash flow of $6000 next year. The market beta of the project is 1.3. The equity premium is expected to be 5%, and the risk-free rate is 3%. What is the maximum amount your firm should be willing to invest in this project? Round your answer to the nearest dollar. $5,479 $5,556 $6,000 $5,678
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