8 Problem 12-30 CAPM and Cost of Capital (LO3) The Treasury bill rate is 2% and the market risk premium is 8%. 11.11 points Project Q R S T Beta 1.00 0.00 3.00 0.40 2.60 Internal Rate of Return; % 12 8 26 8 28 eBook Print a. What are the project costs of capital for new ventures with betas of 0.70 and 1.12? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) References Beta Cost of Capital % 0.7 1.12 % b. Which of the capital investments shown above have positive (non-zero) NPV's? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) 2 Project P 2 Project 2 Projects 2 Project T 2 Project R