Assume That an Organization's Weighted-Average Cost of Capital (Minimum Rate

Assume that an organization's weighted-average cost of capital (minimum rate of return) is 8% and that Division A currently has a 12% return on investment (ROI) . The manager of Department A, who is evaluated on the basis of divisional ROI, would most likely accept an investment that is expected to return:

A) More than 8%.
B) More than 12%.
C) More than 8% but less than 12%.
D) Less than 12%.
E) Impossible to tell without further information.