Question: will rate the answer A project has two possible outcomes. The good outcome returns $6,000 next year and occurs 94% of the time. The bad
A project has two possible outcomes. The good outcome returns $6,000 next year and occurs 94% of the time. The bad outcome is total failure, returning $0, the rest of the time. If the risk free interest rate is 3.4%, the expected market return is 13.7%, and the project beta is 0.9 , what is the price of the project today
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