You are the purchasing manager for a division of a very diversified company. Your division is about twice as risky as the overall company average. You are evaluating a potential new spending project, and the only data you have regarding the cost of copital is the compony's overall Wacc. You have found 1 pure play company in your industry, Which of the following is. the most reasonable course of action when it comes to establishing the proper required rate of return for your project? Mulinie Choice Use the Pure Pigy approach, and use the pure piay compseys WheC as your cost of capatal. Use your fems owerat WhCC as is: Use the Sibyective Approsch, and wobtrect 3 poimts from your firmis oreral wace: Uce the Sutjective Approseh, and add 5 percemsge peints to the frmis overal WACC