a. What is the market risk premium if the market return is 10.23% and the T-Bill rate is 2.15%?

b. "Based on current market values, the FIN340 Company has calculated its capital structure weightings to be comprised of 68% common stock, 6% preferred stock, and 26% debt; The pre-tax cost for each is common stock 10.80%, preferred stock 7.80%, and debt 6.10% and the company has a tax rate of 21%; What is the FIN340 Company's weighted average cost of capital (WACC)?"

c. An all-equity frm that has a firm-wide WACC of 16.00% is considering the projects shown below: (Project A: 10.10% Expected Return, 1.17 Beta); (Project B: 14.20% Expected Return, 2.37 Beta); (Project C: 12.30% Expected Return, 1.89 Beta); (Project D: 21.40% Expected Return, 2.22 Beta); If the T-bill rate is 4.70%, and the market risk premium is 9.20%, what should the project-specific WACC be for PROJECT B?"