An all-equity firm is considering the following projects: The T-bill rate is 4 percent and the expected return on the market is 12 percent. \begin{tabular}{l} c. If the firm's overall cost of capital were used as a hurdle rate, Project W would be \\ \hline _...................................... Project Y would be \\ \hline \end{tabular} correctly accepted correctly rejected incorrectly accepted incorrectly rejected