6. An all-equity firm is considering the following projects Project Beta IRR .85 92 1.09 | 1.35 | 8.9% |10.8% | 12.8% | 13.3% | 2 The T-bill rate is 3 percent, and the expected return on the market is 12 percent a. Which projects have a higher expected return than the firm's 11 percent cost of b. Which projects should be accepted? capital? c. Which projects would be incorrectly accepted or rejected if the firm's overal cost of capital were used as a hurdle rate