International Imports (12) has two divisions, L and H. Division L is the company's low-risk division and would have a weighted average cost of capital of 8% if it was operated as an independent company. Division His the company's high-risk division and would have a weighted average cost of capital of 14% if it was operated as an independent company. Because the two divisions are the same size, the company has a composite weighted average cost of capital of 11%. Division L is considering a project with an expected return of 9,5%. Should International Imports (12) accept or reject the project? Reject the project Accept the project on what grounds do you base your accept-reject decision? Division L's project should be accepted since its return is greater than the risk-based cost of capital for the division. Division L's profect should be accepted, because its return is less than the risk-based cost of capital for the division