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Decker's is an all-equity financed chain of retail furniture stores. Furniture Fashions produces furniture and is the primary supplier to Decker's. Decker's has a beta

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Decker's is an all-equity financed chain of retail furniture stores. Furniture Fashions produces furniture and is the primary supplier to Decker's. Decker's has a beta of 1.54 as compared to Furniture Fashion's beta of 1.37. The risk-free rate of return is 2.6 percent and the market risk premium is 79 percent. What discount rate should Decker's use if it considers a project that involves the manufacturing of furniture? Multiple Choice 13.42 percent O O 12.92 percent 13.50 percent O 14.08 percent O 14.54 percent

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