Describe valuation settings in which the appropriate discount rate to use is the required rate of return

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Describe valuation settings in which the appropriate discount rate to use is the required rate of return on equity capital versus settings in which it is appropriate to use a weighted average cost of capital.

Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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