If the firm is evaluating a new investment project that has the same risk as...

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Accounting

If the firm is evaluating a new investment project that has the same risk as the firm's typical project, what rate should the firm use to discount the project's cash flows?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
Weighted average cost of capital
%
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