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The Outlet is an all - equity financed firm with a beta of 1 . 1 8 and a cost of equity of 1 4

The Outlet is an all-equity financed firm with a beta of 1.18 and a cost of equity of 14.58 percent. The risk-free rate of return is 3.5 percent. What discount rate should the firm assign to a new project that has a beta of 1.22? a.14.96 percent b.14.36 percent c.14.14 percent d.14.33 percent e.14.58 percent

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