d$.$ If the project appears to be more or less risky than an average project, find its risk$-$adjusted NPV$,$ IRR, and payback. CV range of firm's average$-$risk project: $0\mathrm{.}8$ to $1\mathrm{.}2$ Low$-$risk WACC $=8\%$ WACC $=10\%$ High$-$risk WACC $=13\%$ Risk$-$adjusted WACC $=$ Risk adjusted NPV $=($$$47,839)$ IRR $=7\mathrm{.}70\%$ Payback $=3\mathrm{.}50$ e$.$ On the basis of information in the problem, would you recommend that the project be accepted? $$