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Which of the following statements is not true about the weighted average cost of capital (WACC) method? a WACC cannot be used to evaluate projects

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Which of the following statements is not true about the weighted average cost of capital (WACC) method? a WACC cannot be used to evaluate projects in which the capital structure is significantly different from the firm's overall structure Ob II WACC is less than IRR of a strip mine project, then, the NPV of the project will always be greater than zero Average company WACC should not be used for evaluating projects in a multi-segment conglomerate Od. WACC adjusts for the tax deductibility of interest costs eIf WACC is greater than the IRR of a project and the cash flows are conventional, then, the NPV of the project will always be less than zero

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