A firm's WACC:
A. is the proper discount rate for every project the firm undertakes.
B...
A firm's WACC:
A. is the proper discount rate for every project the firm undertakes.
B. is a benchmark discount rate that may be adjusted for the riskiness of each project.
C. is for informational value only and should never be used as a discount rate.
D. is used to value all of the firm's existing projects.
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