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A firm has a beta of 1.00 and is planning an expansion project. The market return is 6.9 percent, and the risk-free rate is 3.4

A firm has a beta of 1.00 and is planning an expansion project. The market return is 6.9 percent, and the risk-free rate is 3.4 percent. What discount rate should be assigned to this expansion project?

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6.90%

7.15%

11.37%

10.30%

7.22%

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