A firm has two divisions. The publishing division has a beta of 0.9 and the ebook division's beta is 1.6. The firm uses its cost of capital to accept or reject all projects. Which of the following statements is true? While the firm may take some bad projects, it will still be able to maximize its value. It will end up accepting more projects from ebook division. It will end up rejecting more projects from publishing division. It is best to accept projects with the lower risk. b&c are correct