Why do retail companies such as target jcpenny and sears, Ask an Expert

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Why do retail companies (such as Target, JCPenny and Sears) use different hurdle rates for their retail store and their creidt cards that they issue (9% and 4%, respectively)? What financial process is the most appropriate to use to estimate these discount rates to see if they are reasonable?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92646356

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