"An all-equity frm that has a firm-wide WACC of 10.00% is considering the projects shown below: (Project A: 8.10% Expected Return, 0.57 Beta); (Project B: 16.20% Expected Return, 2.77 Beta); (Project C: 10.30% Expected Return, 1.69 Beta); (Project D: 23.40% Expected Return, 2.62 Beta); If the T-bill rate is 2.70%, and the market risk premium is 9.20%, what should the project-specific WACC be for PROJECT B?"

20.71%
		10.00%
		28.18%
		22.92%
		7.94%
		18.25%
		26.80%