If a business has a current cost of capital of 6 and plans on borrowing $100,000 at 8 for an investment opportunity and typically adds 5 to its minimum discount rate for risk, what discount rate should be used Please show your work

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If a business has a current cost of capital of 6% and plans on borrowing $100,000 at 8% for an investment opportunity and typically adds

If a business has a current cost of capital of 6% and plans on borrowing $100,000 at 8% for an investment opportunity and typically adds 5% to its minimum discount rate for risk, what discount rate should be used?

Please show your work.

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