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Geothermal's WACC is 11.1%. Executive Fruit's WACC is 12.0%. Now Executive Fruit is considering an investment in geothermal power production. a. Should it discount project

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Geothermal's WACC is 11.1%. Executive Fruit's WACC is 12.0%. Now Executive Fruit is considering an investment in geothermal power production. a. Should it discount project cash flows at 12.0%? Yes No b. What would be a better discount rate for this investment? (Enter your answer as a percent rounded to 1 decimal place.) Better discount rate %

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