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An all-equity firm is considering the projects shown as follows. Expected Project Beta Return 0.25 1.3 1.6 2.1 7.08 12.0% 10 . 0% The T-bill

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An all-equity firm is considering the projects shown as follows. Expected Project Beta Return 0.25 1.3 1.6 2.1 7.08 12.0% 10 . 0% The T-bill rate is 4 percent and the market risk premium is 9 percent. If the firm uses its current WACC of 14 percent to evaluate these projects, which project(s) will be incorrectly rejected

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