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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?
Group of answer choices
6.90%
7.15%
11.37%
10.30%
7.22%
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