Question: 23) Your firm is considering a project that is expected to produce a single cash flow of $2,000 next year. The market beta of the

23) Your firm is considering a project that is expected to

23) Your firm is considering a project that is expected to produce a single cash flow of $2,000 next year. The market beta of the project is 2.2. The equity premium is expected to be 6%, and the risk -free rate is 3.8%. What is the maximum amount your firm should be willing to invest in this project? Round your answer to the nearest dollar. A) $2,000 B) $1,639 C) $1,709 D) $1,841

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