FINANCE (SPRING 2021) You are the manager of a team of analysts working for a major bank. Your team approaches you with a potential project they think the bank should invest in. They present evidence to you that the proposed project has a beta of 0.83. The T-bill rate is 2% (risk-free rate) and the return on the market is 9%. What is the appropriate expected return on the new project? (Answer as a percentage and round to 2 decimals.) Select one: O a. 6.81 % Ob. 7.81 % O c. 9.11 % O d. 10.49 % O e. 6.40 % FINANCE (SPRING 2021) You are the manager of a team of analysts working for a major bank. Your team approaches you with a potential project they think the bank should invest in. They present evidence to you that the proposed project has a beta of 0.83. The T-bill rate is 2% (risk-free rate) and the return on the market is 9%. What is the appropriate expected return on the new project? (Answer as a percentage and round to 2 decimals.) Select one: O a. 6.81 % Ob. 7.81 % O c. 9.11 % O d. 10.49 % O e. 6.40 %