0/10 pts Question 2 Which of the following statements is NOT correct? The proportions of debt and equity used to determine the weighted average cost of capital for a firm is based on the market value of debt and equity outstanding The correctly calculated weighted average cost of capital for a firm can be used to discount the cash flows for any new project that the firm may undertake in the future All statements are correct If a company's weighted average cost of capital is less than the required return on equity, then the firm has debt in its capital structure When using a single rate, such as the WACC, to discount cash flows for all projects of a particular company, the discount rate could lead to accepting projects that will actually have a negative NPV