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60. An all-equity firm is considering the projects shown below. The T-bill rate is 4 percent and the market risk premium is 9 percent. If

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60. An all-equity firm is considering the projects shown below. The T-bill rate is 4 percent and the market risk premium is 9 percent. If the rm uses its current WACC of 14 percent to evaluate these projects, which project(s) will be incorrectly rejected? Project Expected Return Beta A 7.0% 0.25 B 17.0% 1.3 C 12.0% 1.6 D 10.0% 2.1 A. Project A B. Project B C. Project C D. Project D

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