Beta limited is an all equity financed company with a cost of capital of 18.5%. The company is considering the following one-year investment projects

Project	Outlay	Annual C.F	Beta
	Sh. 000	Sh. 000
A	1000	1095	0.3
B	1000	1130	0.5
C	1500	1780	1.0
D	2000	2385	1.5
E	2000	2400	2.0

The risk free rate of return is 8% and market rate of return is 15% Required

i) The beta factor of Beta Limited

ii)The required rate of return and expected return of each of the above projects indicating which projects the company should undertake and which ones to reject

iii) The beta factor of the investment in the accepted projects