Please see the questions below and provide answers. Thank you.

National FeiIoIeum Reners Corporation {NPR} has two divisionsIr i. and H. Division 1. is the companv's low-risk division and would have a weighted average cost of capital of 3% if' it was operated as an independent company. Division H is the companv's high-risk division and would have a weighted average cost of capital of 14% if it was operated as an independent companv. Because the two divisions are the same size, the companv has a composite weighted average cost of capital of 11%. Division 1. is considering a project with an expected return of lE'r.5%. Should National Petroleum Reners Corporation {NPR} accept or reject the project? 0 Reject the project 0 Accept the project On what grounds do you base your accept-reject decision? 0 Division L's project should he accepted, because its return is less than the riskbased cost of capital for the division. 0 Division L's project should he accepted, since its return is greater than the riskbased cost of capital for the division