An all-equity firm has a beta of 98 the firm is evaluating


An all-equity firm has a beta of .98. The firm is evaluating a project that will increase the output of the firm's existing product. The market risk premium is 7.3 percent and the risk-free rate is 3.4 percent. What discount rate should be assigned to this expansion project?

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Financial Management: An all-equity firm has a beta of 98 the firm is evaluating
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