Question 22 5 pts Hoot Judkins is an all-equity financed chain of retail furniture stores. 2Modern produces furniture and is the primary supplier to Hoot Judkins. Hoot Judkins has a beta of 1.62 as compared to 2 Modern's beta of 1.43. The risk-free rate of return is 3.1 percent and the market risk premium is 7.6 percent. What discount rate should Hoot Judkins use if it considers a project that involves the manufacturing of furniture? 14.08 percent 14.54 percent 12.92 percent 13.97 percent 13.50 percent