(Previous adapted questions) Question 19: In the following diagram about XXXLtd, there are currently four investment proposals of equal maturity and equal up- front investment to be considered and marked as A, B, C, and D. Which statement is correct to state the problem when using WACC to evaluate these projects? a) It would mistakenly reject all projects with an expected return greater than 20% b) It would mistakenly accept all projects with expected return greater than 20% c) It would mistakenly accept all projects with expected return less than 20% d) More than one of the above e) None of the above