Problem 13-10 Company versus Project Discount Rates (LO2) Geothermal's WACC is 10.9%. Executive Fruit's WACC is 11.8%. Now Executive Fruit is considering an investment in geothermal power production a. Should it discount project cash flows at 11.8%? Yes No b. What would be a better discount rate for this investment? (Enter your answer as a percent rounded to 1 decimal place.) Better discount rate