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Geothermal's WACC is 10.4%. Executive Fruit's WACC is 11.3%. Now Executive Fruit is considering an...

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Geothermal's WACC is 10.4%. Executive Fruit's WACC is 11.3%. Now Executive Fruit is considering an investment in geothermal power production. a. Should it discount project cash flows at 11.3% ? b. What would be a better discount rate for this investment? Note: Enter your answer as a percent rounded to 1 decimal place

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