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

Lillypad toys is a manufacturer of educational toys for children. six months ago, the company's research and development division came up with an idea for a unique touchscreen device that can be used to introduce children to a number of foreign languages. three months ago, the company produced a working prototype, and last month the company successfully launched its new device on the commercial market. what should lillypad's managers prepare for next? a. increased competition from imitators b. a prolonged period of uncontested success c. a sharp decline in demand for the product d. a difficult struggle to move from invention to innovation