Please answer the following unrelated questions (1&2) both regarding risk and return:

1. Based on the following data, compute the Beta for Zebra Corp.:

Month

Market Return(%)

Zebra Corp Return(%)

1	5.0	3.6
2	5.0	-2.3
3	5.0	8.0
4	-5.0	-8.0
5	-5.0	-3.6
6	-5.0	2.3

2. Wreckless Motors, a manufacturer of disposable automobiles, is an all-equity firm with a beta of 1.66. The current rate on risk-free Treasury bills is 4%, while the market risk premium is 9%. The company is considering a project with an immediate initial investment of $75,000,000 that is expected to generate cash flows of $16,200,000 per year during the first four years of the project and $27,500,000 per year in the remaining two years of the project life. Assuming that the project risk is the same as company risk, what is the Net Present Value of the project and should it be undertaken?