A project under consideration has an internal rate of return of 16% and a beta of.7. The risk-free rate is 6%, and the expected rate of return on the market portfolio is 16%. a-1. What is the required rate of return on the project? (Do not round intermediate calculations. Enter your answer as a whole percent.) Required rate of return % a-2. Should the project be accepted? Yes No b-1. What is the required rate of return on the project if its beta is 1.7? (Do not round intermediate calculations. Enter your answer as a whole percent.) % Required rate of return b-2. Should the project be accepted? Yes No