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Qwarm Industries is evaluating the following independent capital budgeting projects: Qwarm generally considers risk when examining projects by applying the capital asset pricing model (CAPM)

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Qwarm Industries is evaluating the following independent capital budgeting projects: Qwarm generally considers risk when examining projects by applying the capital asset pricing model (CAPM) to determine the appropriate required rate of return for each project. If the risk-free rate is 3 percent and the market risk premium is 9 percent, which project(s) should Qwarm purchase

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