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is $12\%.$ The CFO believes that this is the correct WACC for tie conpuy's atm should be used for lomer$-$risk projecs and a bizher rave for higber$-$rik projects. The CEO diugress as be mroush that even though projects have differeat risks, the WACC wed se evalate ach pvject sbould be the same leczee the happen over time?

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The CEO's recomplesdation would muximize due firm's ismincic valu:

The companys overall wheC should decrease ower time fecawe is sock pule shoula se racruming