Why WACC is used as discount rate?

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  2. #weighted
  3. #capital
  4. #model
  5. #investment
  6. #provide
  7. #price
  8. #project
  9. #average
  10. #discount
  11. #financing
  12. #financed
  13. #usually
  14. #because
  15. #valuation
  16. #definition
  17. #fairly
  18. #logical