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(10 points) In the Marriott case, one discussion point considered when a firm might use a single hurtle rather than different divisional or business unit
(10 points) In the Marriott case, one discussion point considered when a firm might use a single hurtle rather than different divisional or business unit rates. When a single rate is used and the divisions are very different in their risk profiles, using a single rate can lead to either an over-investment or an underinvestment problem. Using an example, briefly described both of thesese potential problems
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