12. When using the weighted average cost of capital (WACC) to discount cash ows from a project we assume the following: I) the project's risk are the same as those of rm's other assets and remain so for the life of the project. 11) the project supports the same fraction of debt to value as the rm's overall capital structure that remains constant for the life of the project. 111) the cash ows from the project is always a perpetuity. A. I only B. 11 only C. I and [I only D. I.T[andHT