Project Beta RR w .57 10.0% .93 10.5 Y 1.13 14.0 Z 1.70 17.0 The T-bill rate is 4.5 percent, and the expected return on the market is 13 percent. a. Compared with the firm's 12 percent cost of capital, Project W has a expected return, Project X has a expected return, Project Y has a expected return, and Project Z has a expected return. b. Project W should be Project X should be - Project Y should be , and Project Z should be c. If the firm's overall cost of capital were used as a hurdle rate, Project W would be Project X would be Projects Y would be , and Project Z would be More