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park recreation inc manufactures and sells hiking clothes and boots. they are contemplating expanding operations abroad, and will be making multiple capital budgeting decisions. when

park recreation inc manufactures and sells hiking clothes and boots. they are contemplating expanding operations abroad, and will be making multiple capital budgeting decisions. when the company raises money, it typically does so with. 75% bonds and 25% common stocks. the companys cost of equity is 10% and before tax cost of debt is 8%. the companys income tax rate is 20%. when making capital budgeting decisions, what should the minimum acceptable required rate of return be on new projects?

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