An all-equity firm is considering the projects shown below. The T-bill rate is 4 percent and the market risk premium is 7 percent.

Project		Expected Return				Beta
A			8	%		0.5
B			22	%		1.6
C			15	%		1.8
D			19	%		2.0

Calculate the project-specific benchmarks for each project. (Round your answers to 2 decimal places.)

Project A	%
Project B	%
Project C	%
Project D	%

If the firm uses its current WACC of 14 percent to evaluate these projects, which project, will be incorrectly rejected?

	Project A
	Project B
	Project C
	Project D