I. M$.$ Astute, a financial analyst for Beyond Meat, Inc., is evaluating a capital investment proposal to build some restaurants to feature Beyond Meat food products. Ms$.$ Astute knows that the cost of equity for her all$-$equity financed firm is about $16\%.$ But she also knows that the weighted average cost of capital in the restaurant industry is about $12\%.$ Given what you understand about capital budgeting and risk and return, what discount rate do you believe Ms$.$ Astute should use in her analysis? Explain.