A companys weighted average cost of capital is 11.8% per year and its tax rate is 30%. Which of the following projects should the company not pursue?

Project	Return
1	11.6%
2	12.1%
3	13.1%
4	11.5%

Question 4 options:

1)	1, 3, and 4

2)

1 and 4

3)	2, 3, and 4

4)

1

5)

2 and 3