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The subjective approach1 Point depends on finding one or more companies that specialize in the product or service that is similar to our project. will

The subjective approach1 Point depends on finding one or more companies that specialize in the product or service that is similar to our project. will use a discount rate that is above the WACC for safer projects. will make fewer errors but those errors will be bigger than using the unadjusted WACC. will make smaller errors overall than always using the unadjusted WACC

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