Question: The discount rate for a project should equal the: Select one: a. cost of equity of the firm. b. expected return on a financial asset
The discount rate for a project should equal the:
Select one:
a. cost of equity of the firm.
b. expected return on a financial asset of comparable risk.
c. market rate of return.
d. firm's weighted average cost of capital.
e. discount rate used on the firm's last profitable project
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