Choice golf equipment has a beta of 12 and a cost of equity


Choice Golf Equipment has a beta of 1.2 and a cost of equity of 13 percent. The risk-free rate of return is 4 percent. Choice is considering a project with a beta of .8. What is the appropriate discount rate for the project?

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Financial Management: Choice golf equipment has a beta of 12 and a cost of equity
Reference No:- TGS01256130

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