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An all-equity firm is considering the following projects: ProjectBetaIRR 68 10.2% 75 10.7 1.3914.2 17.2 1.50 The T-bill rate is 5.2 percent, and the expected

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An all-equity firm is considering the following projects: ProjectBetaIRR 68 10.2% 75 10.7 1.3914.2 17.2 1.50 The T-bill rate is 5.2 percent, and the expected return on the market is 12.2 percent. a. Compared with the firm's 12.2 percent cost of capital, Project W has a (Click to select) expected return, Project X has a ( (Click to select: expected return, Project Y has a | (Click to select expected return, and Project Z has a (Click to select)A expected return. b. Project W should be (Click to select) +, Project X should be (Click to select)+, Project Y should be (Click to select)$), and Project Z should be (Click to select) c. If the firm's overall cost of capital were used as a hurdle rate, Project W would be , Project X would be ( (Click to select) ),Project Y would be (Click to select) (Click to select), and Project Z would be (Click to select)V

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