Question: Logic Legal Leverage (LLL) is evaluating a project that has a beta coefficient equal to 1.8. The risk-free rate is 3 percent and the market

Logic Legal Leverage (LLL) is evaluating a project that has a beta coefficient equal to 1.8. The risk-free rate is 3 percent and the market risk premium is 4 percent. The project, which requires an investment of $410,000, will generate $109,000 in after-tax 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. falact zero. The project be purchased because the net present value, that is s
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