Question: A project has two possible outcomes. The good outcome returns $9,000 next year and occurs 80% of the time. The bad outcome is total failure,

 A project has two possible outcomes. The good outcome returns $9,000

A project has two possible outcomes. The good outcome returns $9,000 next year and occurs 80% of the time. The bad outcome is total failure, returning $0, the rest of the time. If the risk free interest rate is 3.1%, the expected market return is 13.7%, and the project beta is 1.3, what is the price of the project today

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