27) The weighted average cost of capital for ADC, Inc., is 11.2%. ADC requires its analysts to always use 11.2% rate when computing net present value. If ADC bases its project acceptance/rejection decisions on this net present value, then Shareholders in ADC will be hurt because the company will accept some low-risk projects that would have decreased the value of the stock. Shareholders in ADC will be as well off as possible because the company is using net present values. Shareholders in ADC will be hurt because the company will reject some high-risk projects that actually would have decreased the value of the stock Shareholders in ADC will be hurt because the company will reject some low-risk projects that would have increased the value of the stock