Itchy and Scratchy Inc. has two divisions in separate industries, but uses its WACC as the discount rate for all proposed projects. The riskier division within the firm will: Multiple Choice ded avold risky projects so It can receive more project funding become less risky over time based on the projects that are accepted. accept too many projects. receive less project funding than that of the other divisions. have equal probability of recelving funding as compared to the other divisions