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A firm's WACC: a) is the proper discount rate for every project the firm undertakes . b) is used to value all of the firm's
A firm's WACC: a) is the proper discount rate for every project the firm undertakes . b) is used to value all of the firm's existing projects. c) is a benchmark discount rate that is adjusted for the riskiness of each project. d) is an informational value only and should never be used as a discount rate.
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