A project under consideration has an internal rate of return of 13% and a beta of 0.4. The risk-free rate is 3%, and the expected rate of return on the market portfolio is 13%.

a. What is the required rate of return on the project?

Note: 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 1.50?

Note: Do not round intermediate calculations. Enter your answer as a whole percent.

d. If project's beta is 1.50, should the project be accepted?