You are a consultant to a large manufacturing corporation considering a project with the following...

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You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in milions of dollars): The project's beta is 1.4 . Assuming rf=4% and E(rH)=14K Required: a. What is the net present value of the project? (Do not round intermediate calculations. Enter your answer in millions roundec to 2 decimal places.) b. What is the highest possible beta estimate for the project before its NPV becomes negative? (Do not round intermediate calculations. Round your answer to 3 decimal places.)

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