An all-equity firm is considering the projects shown as follows. The T-bill rate is 4 percent and the market risk premium is 7 percent. If the firm uses its current WACC of 12 percent to evaluate these projects, which project(s), if any, will be incorrectly accepted or rejected? Project Expected Return Beta A 9.0 % 0.6 B 20.0 % 1.2 C 13.0 % 1.4 D 17.0 % 1.5