Which One of the Following Is Most Apt to Cause

Which one of the following is most apt to cause a wise manager to increase a project's cost of capital? Assume the firm is levered.

A) Management decides to issue new stock to finance the project.
B) The initial cash outlay requirement is reduced.
C) She learns the project is riskier than previously believed.
D) The aftertax cost of debt just decreased.
E) The project's life is shortened.