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