An all-equity firm is considering the projects shown below. The T-bill rate is 5 percent and the market risk premium is 6 percent.

Project		Expected Return				Beta
A			9	%		0.6
B			19	%		1.3
C			13	%		1.5
D			17	%		1.7

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 C
	Project D