An all-equity firm is considering the projects shown below. The T-bill rate is 4 percent and the market risk premium is 6 percent. Project Expected Return 9% 19% Beta 0.8 1.5 1.7 1.9 13% 17% 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 12 percent to evaluate these projects, which project, will be incorrectly rejected? Project A Project B Project Project D