(Chapters 11 and 13) Project L has a beta of 0.90 and an IRR of 10.58 percent. Project M has a 1.35 beta and an IRR of 17.50 percent. Which one of these projects will you accept and which will you reject if the risk-free rate of return is 4.6 percent and the market rate of return is 12.8 percent? (Think about SML) Accept Project L and reject Project M Reject Project L and accept Project M. Accept Project L and Project M. Reject Project L and Project M. Don't know