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CAPM use an estimated of cost of equity. But other methods like DCF (Gordons model) or APT (Arbitrage Pricing Theory) can also be used for

CAPM use an estimated of cost of equity. But other methods like DCF (Gordons model) or APT (Arbitrage Pricing Theory) can also be used for these estimations. These models require different data. Capital structure is the mix of debt and equity that finances the hospital. Given the nature of the hospitals projects which method do you think is the best approach to recommend to a hospitals administrator on a capital-intensive project to improve the waiting room time at the hospital? PLEASE PROVIDE REFERENCES

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