LandCo is a publicly listed company that purchases land for development into residential housing estates on the urban fringe of several Australian capital cities. You have computed WACC for LandCo of 9.72%. Which of the following would be an appropriate use of the WACC you have computed? (select all correct answers)

		As a discount rate when computing the value of LandCo shares.
		As a discount rate in the NPV analysis of a project that involves purchasing an oil field in Venezuela.
		As a discount rate in the NPV analysis of a new project just outside of Adelaide.
		As a discount rate when computing the value of all LandCo assets.