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Find Midpoint of Risk Premium Range Show work and formula PROJECT SELECTION Midwest Water Works estimates that its WACC is 10.5%. The com- pany is

Find Midpoint of Risk Premium Range

Show work and formula

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PROJECT SELECTION Midwest Water Works estimates that its WACC is 10.5%. The com- pany is considering the following capital budgeting projects: Project R ate of Return 12.0% 11.5 Size $1 million 2 million 2 million 2 million 1 million 1 million 11.2 11.0 10.7 10.3 10.2 1 million

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