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 9.5% (W), 10.6% (X), 14.1% (Y), and 17.2% (2). The betas are listed in order. 64 (W). 75(X). 1.31(Y), and 1.42 (Z). The Risk-free rate is 5.2%, and the expected return on the market is 12.2%. a. Which projects have a higher/lower expected return than the firm's 12.2% weighted average cost of capital (WACC)? Project W has a expected return, and Project Z has a expected return, Project X has a expected return, Project Y has a expected return