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Scotty, Inc. is an all-stock financed firm with a beta of 1.38 and a cost of common equity of 14.945%. The T-Bill rate of return

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Scotty, Inc. is an all-stock financed firm with a beta of 1.38 and a cost of common equity of 14.945%. The T-Bill rate of return is 4.25%. What discount rate should the firm assign to a new project that has a beta of 1.15? 14.36 percent 13.16 percent 14.14 percent O 13.94 percent 13.72 percent

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