Shoop Bank has an average WACC of 0.10
Shoop Bank has an average WACC of 0.10 and adjusts for risk by adding
or subtracting 0.01 to or from its average WACC. If Shoop considers a a business loan above average risk, a car loan average risk, and a new ATM machine below average risk, what is Shoop’s risk adjusted WACC for a business loan?