Giggle is considering a project with a project-level beta
Giggle has a firm-wide beta of 0.81 and a cost of equity of 9.7 percent. The risk-free rate of return is 3.9 percent. Giggle is considering a project with a project-level beta of 0.74. The appropriate discount rate for the project is:
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giggle has a firm-wide beta of 081 and a cost of equity of 97 percent the risk-free rate of return is 39 percent giggle
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