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A firm's WACC: A. is a benchmark discount rate that is adjusted for the riskiness of each project. B. is an informational value only and

A firm's WACC:

A. is a benchmark discount rate that is adjusted for the riskiness of each project.

B. is an informational value only and should never be used as a discount rate.

C. is used to value all of the firm's existing projects.

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