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Problem 1: Systems International's (SI) stock closed at $15 at the end of trading for the day. Before the markets opened the next day, SI issued a press release announcing they won a large computer consulting project. The company's stock opened the following day at $16.50. The company has 150 million shares outstanding. What is your best estimate of the consulting project's NPV?
a. $2,250 million
b. Insufficient information to estimate the NPV
c. $2,475 million
d. $225 million
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