Suppose the stock of cbd ltd a manufacture of toys has a, Management Theories

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Suppose the stock of cbd ltd a manufacture of toys has a

Question: Suppose the stock of CBD Ltd, a manufacture of toys, has a beta of 2.7. The firm is 100-percent equity financed. Assume a risk-free rate of 3-percent and a market risk premium of 6-percent.What is the appropriate discount rate for an expansion of this firm?

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