An all-equity firm is considering the following projects: Project A B C D Beta 0.75 0.95. 1.15 1.32 IRR 8.4% 12.6% 13.5% | 14.5% E 1.45 15.9% The T-bill rate is 3 percent, and the expected return on the market is 12 percent. a. Which projects have a higher expected return than the firm's 13 percent cost of capital? (4 points) b. Which projects should be accepted? Why? (4 points) TT TT Paragraph Arial %DO Q U E O fx Mashups. Tu L 3 (12pt) T' T. N - E. T X -- DOO HTML CSS B