Problem 11-25 Firmwide vs. Project-Specific WACCs (LG11-6) An all-equity firm is considering the projects shown below. The T-bill rate is 5 percent and the market risk premium is 8 percent. Project Expected Return Beta 8% 20 14 18 0.3 1.3 Calculate the project-specific benchmarks for each project. (Round your answers to 2 decimal places.) Project A Project B Project C Project D If the firm uses its current WACC of 13 percent to evaluate these projects, which project, will be incorrectly rejected? O Project A O Project B Project C