Question: Required: a . Assuming that r f = 5 % and E ( r M ) = 1 5 % , what is the net
Required:
a Assuming that and what is the net present value of the project?
Note: Do not round intermediate calculations. Enter your answer in millions rounded to decimal places.
b What is the highest possible beta estimate for the project before its NPV becomes negative?
Note: Round your answer to decimal places.
a Net present value
b Highest beta
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