Two important tools to evaluate projects are using the weighted Average Cost of Capital (WACC), and the Security Market Line (SML). You should often use both and make a decision based on the results. SML D. C. WACC A. B Four projects are represented by the IRR's and labeled on the graph (A, B, C, D) showing the Risk (B) and the Return (R). Which project(s) would have been correctly rejected If only using the WACC to make decisions? O C and D Band C A and B B