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A firm is considering the following four independent projects: Project Beta of project IRR A 0.9 10% B 1.5 19% C 1.0 11% D

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A firm is considering the following four independent projects: Project Beta of project IRR A 0.9 10% B 1.5 19% C 1.0 11% D 0.4 10% The risk-free rate is 2%, the expected market return is 12%. The firm's WACC is 12%. Which of the following statements is correct (true)? Reject project A Accept projects B and C only Accept project D only Accept project B only Accept all projects Accept projects B and D Reject projects A, B, and D

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