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Should Lunchtime Corporation, which has a WACC of 8 . 5 0 % and makes frozen food for grocery stores, undertake a project to open
Should Lunchtime Corporation, which has a WACC of and makes frozen food for grocery stores, undertake a project to open and operate a restaurant if the restaurant project is considered by all to be as risky as the averagerisk project at Lunchtime and the restaurant project would involve an investment of $ today, an expected cash flow of $ in one year, and subsequent cash flows that would continue forever and increase by percent every year?Enter "Lunchtime should pursue the project" or "Lunchtime shouldn't pursue the project" as it is
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