At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

Kate is the CFO of a major firm and has the job of assinging discount rates to each project that is under construction. Kate's method of doing this is to assign an incrementally higher rate as the risk level of the project increases over that of the current firm. Â Likewise, she assigns lower rates as the risk level declines. Â Which one of the following approaches is Kate using to assign the discount rates?
A. Pure play approach
B. Divisional rating
C. Subjective approach
D. Straight WACC approach