Duval Inc. uses only equity capital, and it has two equally-sized divisions. Division As cost of capital is 10.0%, Division Bs cost is 14.0%, and the corporate (composite) WACC is 12.0%. All of Division As projects are equally risky, as are all of Division B's projects. However, the projects of Division A are less risky than those of Division B. Which of the following projects should the firm accept?

	a.	A Division B project with a 12% return.
	b.	A Division A project with an 11% return.
	c.	A Division B project with an 11% return.
	d.	A Division B project with a 13% return.
	e.	A Division A project with a 9% return.