Problem 12-29 CAPM and Hurdle Rates (LO3) A project under consideration has an internal rate of return of 14% and a beta of 0.6 . The risk-free rate is 4%, and the expected rate of return on the market portfolio is 14%. a. What is the required rate of return on the project? (Do not round intermediate calculations. Enter your answer as a whole percent.) b. Should the project be accepted? c. What is the required rate of return on the project if its beta is 1.6 ? (Do not round intermediate calculations. Enter your answer as a whole percent.) d. if project's beta is 1.6, should the project be accepted