Geothermal's WACC is

11.7%

. Executive Fruit's WACC is

12.3%

. Now Executive Fruit is considering an investment in geothermal power production.\ a. Should it discount project cash flows at

12.3%

?\ b. What would be a better discount rate for this investment?\ Note: Enter your answer as a percent rounded to 1 decimal place.\ \\\\table[[a. Should it discount project cash flows at

12.3%?

,],[b. Better discount rate,]]

Geothermal's WACC is 11.7%. Executive Fruit's WACC is 12.3%. Now Executive Fruit is considering an investment in geothermal power production. a. Should it discount project cash flows at 12.3% ? b. What would be a better discount rate for this investment? Note: Enter your answer as a percent rounded to 1 decimal place