Which type of project is it most difficult for a firm to find a risk adjusted rate?

A) Replacement projects
B) Small expansion projects
C) New venture related to the firm's existing operations
D) New venture not related to the firm's current operations

Risk Adjusted Rate

A rate of return that has been modified to take into account the risk of the investment, offering a way to compare the attractiveness of various investments.

New Venture

A newly established business enterprise, particularly one that is entrepreneurial in nature, aiming to meet a marketplace need by developing a viable business model around a product, service, process, or platform.