Quick-Link Has Debt Outstanding Whose Market Value Is €200 Million,and

Quick-Link has debt outstanding whose market value is €200 million,and equity outstanding with a market value of €800 million.Quick-Link is in the 34% tax bracket,and its debt is considered risk free.Merrill Lynch has provided an equity beta of 1.50.Given a risk free rate of 3% and an expected market return of 12%,calculate the discount for a scale enhancing project in the hypothetical case that Quick-Link is all equity financed.