Logic Legal Leverage (LLL) is evaluating a project that has a beta coefficient equal to 1.5. The risk-free rate is 3 percent and the market risk premium is 5 percent. The project, which requires an investment of $430,000, will generate $137,000 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.

Please answer questions (Q1, Q2, Q3) and show the work and formulas, please.

The project (Q1. Should or Should Not) be purchased because the net present value, that is $(Q2. ??????), is (Q3. greater than, less than, equal too) zero.