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Assume a manager determines the cost of capital for a specific project based on the cost of capital at another firm with a line of
Assume a manager determines the cost of capital for a specific project based on the cost of capital at another firm with a line of business that is similar to the project. Accordingly, the manager is using the ________ approach.
Multiple Choice
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divisional cost of capital
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capital adjustment
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pure play
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security market line
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subjective risk
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