Question: eBook Logic Legal Leverage (LLL) is evaluating a project that has a beta coefficient equal to 1.7. The risk-free rate is 2 percent and the
eBook Logic Legal Leverage (LLL) is evaluating a project that has a beta coefficient equal to 1.7. The risk-free rate is 2 percent and the market risk premium is 5 percent. The project, which requires an Investment of $425,000, will generate $136,000 in after-tax operating cash flows for the next four years. Should LLL purchase the project? Do not round Intermediate calculations. Round your answer to the nearest cent. Use a minus sign to enter a negative value, if any. The project -Seed be purchased because the net present value, that is $ is -Select- zero
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