A project under consideration has an internal rate of return of 14% and a beta of 0.8. The risk-free rate is 4%, and the expected rate of return on the market portfolio is 14%.

a.What is the required rate of return on the project?(Do not round intermediate calculations. Enter your answer as a whole percent.)

b.Should the project be accepted?

c.What is the required rate of return on the project if its beta is 1.80?(Do not round intermediate calculations. Enter your answer as a whole percent.)

d.If project's beta is 1.80, should the project be accepted?