Problem 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 10.3% (W). 10.8% (X). 14.3% (Y), and 17.3% (Z). The betas are listed in order, 52 (W) 93 (X). 1.07 (). and 175 (2) The Risk-free rate is 5.3%, and the expected return on the market is 12.3% a. Which projects have a higher/lower expected return than the firm's 12.3% 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 retum b. Which projects should be accepted using the SML rule? Project W should be Project Y should be Project X should be and Project Z should be c. Which projects will be incorrectly accepted/rejected or correctly accepted/rejected if the firm's weighted cost of capital were used as a hurdle rate? Project W would be Project Y would be Project X would be and Project Z would be