Which of the following statements is true? A To adjust for above average project risk, we need to lower the discount rate (WACC) applied to the project. This will increase the NPV for the project as compared with other less risky projects. B To adjust for increased riskiness of a particular project, we need to increase the discount rate (WACC) applied to this project. This adjustment will lower the NPV for the project as compared to other less risky projects