ouss'rron s n all-equity rm is considering the following projects: Expected return 1% The T-hill rate is 8 percent and the expected return on the market is 15 percent a. Evaluate which projects have higher expected return than the firm's 15 percent cost of capital. (1!) marks) h. Recommend which projects should he accepted. {5 marks} c. Assess which projects would he incorrectly accepted or rejected if the firm's overall cost of capital were used as a hurdle rate. [It] marks} ['I'OTAL: 25 marks]