A project that carries a normal amount of risk and does not affect the risk exposure of the firm should be discounted back at the:

Question

Quizplus · Accepted Answer

The weighted average cost of capital (WACC) is used to discount projects that carry a normal amount of risk and do not alter the firm's overall risk exposure, as it reflects the average rate of return required by all of the company's investors.

A Project That Carries a Normal Amount of Risk and Does