Question
What should be used as an appropriate discount rate for the project analysis of a division whose risk level is different from that of the
What should be used as an appropriate discount rate for the project analysis of a division whose risk level is different from that of the company as a whole. Explain why.
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International Financial Management
Authors: Geert Bekaert, Robert J. Hodrick
2nd edition
013299755X, 132162768, 9780132997553, 978-0132162760
