An all-equity firm is considering the projects shown below. The T-bill rate is 5 percent and the market risk premium is 8 percent Project Expected Return 8% 20 14 18 Beta 0.3 1.1 1.3 1.5 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 13 percent to evaluate these projects, which project, will be incorrectly rejected? Project A Project Project O O Project D