Lott Bros Developers evaluates a great many small to medium size projects each year. Some are riskier than others. Lott Bros should probably

A) allow individual project managers to estimate their own discount rates.
B) try to identify the specific funding sources for each project.
C) use the company's overall WACC for all projects.
D) spend a great deal of time and money to estimate discount rates for each project.


Answer: C

Business

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