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Please answer the question and provide a brief explanation, thank you. The problem of using the WACC in discounting projects of different risk is the:

Please answer the question and provide a brief explanation, thank you.

The problem of using the WACC in discounting projects of different risk is the:

A.) Firm would accept too many high-risk projects.

B.) Firm would reject too many low risk projects.

C.) Firm would reject too many high-risk projects .

D.) Firm would accept too many low-risk projects.

E.) Both A and B.

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