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An all-equity firm is considering the projects shown below. The T-bill rate is 3 percent and the market risk premium is 9 percent. PROJECT EXPECTED

An all-equity firm is considering the projects shown below. The T-bill rate is 3 percent and the market risk premium is 9 percent. PROJECT EXPECTED RETURN BETA A 10 % 0.7 B 22 1.4 C 16 1.6 D 21 1.8 -------------------------------------------------------------------------------- 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 15 percent to evaluate these projects, which project, will be incorrectly rejected

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