Polycorp is considering the following project. The nance department has come up with the following projected cash ows: --m The project will be nanced by borrowing the $10000 at an interest rate of 10%. It has also been determined that the Beta ofthe project is 1.2, Rf is 6% and the market premium is 6%. The rm has a weighted average cost of capital of 14%. d) What is the beta of the rm's assets, before it takes the projects? e) Assuming that Polyecrp has a debtl'value ratio of 40%, and Pclycorp's debt has a beta of .1, calculate the beta of equity