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Black Rock Labs has an overall ( composite ) WACC of 1 0 % , which reflects the cost of capital for its average asset.

Black Rock Labs has an overall (composite) WACC of 10%, which reflects the cost of capital for its average asset. Its assets vary widely in risk, and Black Rock Labs evaluates low-risk projects with a WACC of 8%, average-risk projects at 10%, and high-risk projects at 12%. The company is considering the following projects:
\table[[Project Risk,Expected Return.],[A,High,15%
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