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Apple is going to open a clothing store which would be a new line of business for the company. It will use the cost of
Apple is going to open a clothing store which would be a new line of business for the company. It will use the cost of capital of a similar clothing store as the discount rate to evaluate this project. Which one of the following terms describes the evaluation approach?
A Market play approach
B Pure play approach
C Subjective approach
D Equity approach
E Aftertax approach
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