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Business, 01.06.2021 22:30 tajonae04

Decker's is an all-equity financed chain of retail furniture stores. Furniture Fashions, afurniture maker, is the primary supplier to Decker's. Decker's has a beta of 1.54 ascompared to Furniture Fashion's beta of 1.37. The risk-free rate of return is 2.6 percentand the market risk premium is 7.9 percent. What discount rate should Decker's use if itconsiders a project that involves the manufacturing of furniture

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