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a Question 11 (1 point) Tim's firm has a beta of 1.6 and shareholders demand a cost of equity of 18%. The risk-free rate of

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a Question 11 (1 point) Tim's firm has a beta of 1.6 and shareholders demand a cost of equity of 18%. The risk-free rate of return is 3%. The firm just receives an invitation to invest in a clean energy project with a beta of 2.5. An appropriate discount rate for the new project is: 26.44% 40.50% 19.08% 31.25% 22.50%

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