If the project has higher than average risk relative to the typical project of the firm, then

Question 23 options:

	A) Use the WACC to discount the cash flows for NPV determination.
	B) Use a pure play to determine the correct discount rate for the project.
	C) Use a higher discount rate from a subjective approach relative to WACC.
	D) Use a lower discount rate from a subjective approach relative to WACC.
	E) Both B and C would be correct approaches to use