Kelsey Foods has a company weighted average cost of capital (WACC) of 12.4 percent. Based on this WACC, the firm assigns a required return of 14.5 percent to risky projects, 12.4 percent to projects related to the expansion of the firm's current operations, and a required return of 11 percent to new, low-risk projects. Which one of the following terms best describes this ?firm's policy of assigning required returns