Question 7 1 pts Pinder Ltd has a weighted average cost of capital of 15% p.a. and is currently assessing two new projects for investment. You are an analyst and have estimated that an investment in Project A is expected to return 9% p.a. and Project B is expected to return 22% p.a. You then estimate the required rate of return given the risk profile of each of the two projects as follows: Required return from project A 7% p.a. Required return from project B 20% p.a. Which of the following statements correctly describes a possible weakness in using WACC as the benchmark rate for these two projects? You may incorrectly reject Project A More than one of the other answers is correct None of the other answers is correct You may incorrectly reject Project B You may incorrectly accept Project B