Look at the 4 projects you want to evaluate the IRR of each project to get a rate of return. In order the results are 10.1% (W), 10.6% (X), 14.1% (Y), and 17.1% (Z). The betas are listed in order; .54 (W), .91(X), 1.09 (Y), and 1.83 (Z). The Risk-free rate is 5.1%, and the expected return on the market is 12.1%. a. Which projects have a higher/lower expected return than the firm's 12.1% weighted average cost of capital (WACC)? expected return, Project X has a Project W has a expected return, and Project Z has a expected return, Project Y has a expected return. b. Which projects should be accepted using the SML rule? Project W should be Project Y should be , Project X should be and Project Z should be c. Which projects will be incorrectly accepted/rejected or correctly accepted/rejected if the firm's weighted cost of capital were used as a hurdle rate? Project W would be Project Y would be Project X would be and Project Z would be