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For a multi - product firm, if a project's beta is different from that of the overall firm, then the: CAPM can no longer be
For a multiproduct firm, if a project's beta is different from that of the overall firm, then the:
CAPM can no longer be used.
project should be discounted using the overall firm's beta.
project should be discounted at a rate commensurate with its own beta.
project should be discounted at the market rate.
project should be discounted at the Tbill rate.bove
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