Question: A project has two possible outcomes. The good outcome returns $5,000 next year and occurs 53% of the time. The bad outcome is total failure,

A project has two possible outcomes. The good outcome returns $5,000 next year and occurs 53% of the time. The bad outcome is total failure, returning $0, the rest of the time. If the risk free interest rate is 4.2%, the expected market return is 14.1%, and the project beta is 1.4, what is the price of the project today
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