A company is considering investing in a new project. They calculated the likely financial returns of the investment - which are summarized as follows The NPV using WACC as the discount rate was $1,013 . The NPV using the Hurdle Rate as the discount rate was (-$285) The IRR of the project is 7.6% The Hurdle Rate is 8.6% The Dividend Yield of the company is 4.7% per year What does the data tell us about the value of WACC? (You don't need to calculate anything here. You can reach a conclusion just by looking at the data provided) Between 7.0% and 8.6% Above 8.6% 51013 $205) Cowan 70