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 vous Expected Return 8% 22% 15% 19% Beta 0.5 1.6 1.8 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 O Project B Project C O Project D