Question: Logic Legal Leverage ( LLL ) is evaluating a project that has a beta coefficient equal to 1 . 6 . The risk - free
Logic Legal Leverage LLL is evaluating a project that has a beta coefficient equal to The riskfree rate is percent and the market risk premium is percent. The project, which requires an investment of $ will generate $ in aftertax operating cash flows for the next five 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 be purchased because the net present value, that is $ is zero.
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