The current beta of a portfolio is 1.5. The current market r…

The current beta of a portfolio is 1.5. The current market risk premium is 6% and the required return of the market is 10%. If the portfolio beta declines to 1.0, the market risk premium increases to 8% and inflation declines from 3% to 2%, the required return of the portfolio is

Sirius Ventures Inc. has an investment project that requires…

Sirius Ventures Inc. has an investment project that requires a capital expenditure of $30,000 at the start of the project. The expected net cash flows are $3000, $4500, $7000, $ 8000, $9500, $7000, and $5500, respectively, in each of the seven years. The cost of capital of Sirius is 15%. Calculate the payback period of the project.