Need help calculating NPV, thank you! You are a consultant to a firm evaluating an expansion of its current business. The cash-flow forecasts (in millions of dollars) for theproject are as follows:YearsCash Flow1001-1014On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.35. Assuming that the rate of return availableon risk-free investments is 4% and that the expected rate of return on the market portfolio is 13%, what is the net present value of theproject? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer inmillions of dollars rounded to 2 decimal places.)Net present valuemillion

'ou are a consultant to a firm evaluating an expansion of its current business. The cash-flow forecast project are as follows: Years Cash Flow - 100 1-10 + 14 On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.35. Assuming on risk-free investments is 4% and that the expected rate of return on the market portfolio is 13%, wha project? (Negative amount should be indicated by a minus sign. Do not round intermediate calcula nillions of dollars rounded to 2 decimal places.)

'ou are a consultant to a firm evaluating an expansion of its current business. The cash-flow forecast project are as follows: Years Cash Flow - 100 1-10 + 14 On the basis of the behavior of the firm's stock, you believe that the beta of the firm is 1.35. Assuming on risk-free investments is 4% and that the expected rate of return on the market portfolio is 13%, wha project? (Negative amount should be indicated by a minus sign. Do not round intermediate calcula nillions of dollars rounded to 2 decimal places.)

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter8: Analysis Of Risk And Return

Section: Chapter Questions

Problem 14P

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