Cruiseliners , Inc. has a beta of 1.5 and a cost of equity of 13.2 percent . The risk - free rate of return is 4.2 percent . Cruiseliners is considering a project with a beta of 1.7 and a project life of eight years . An appropriate discount rate for the project is :

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To find the appropriate discount rate for the project we can use the Capital Asset Prici... View the full answer