Question: show your work 20. SBLA, Inc. excepts to earn a perpetual cash flow of $49,000 per year on its sale of designe shirts. They have

show your work
20. SBLA, Inc. excepts to earn a perpetual cash flow of $49,000 per year on its sale of designe shirts. They have an equity beta of 0.8. If the risk free rate is 3% and the return on the man 14%, what is the present value of the SBLA polo shirt project? a. $256,102 b. $381,356 c. $415,254 d. $652,001
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