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Question 13 (1 point) An all equity financed company is considering an independent project with an internal rate of return (IRR) of 11%. Assume

Question 13 (1 point) An all equity financed company is considering an independent project with an internal rate of return (IRR) of 11%. Assume the market risk premium is 6% and risk free rate is 3%. The beta of the company's stock is 1.4. Using the Capital Asset Pricing Model (CAPM), should the company accept this investment? a) Yes, the project should be accepted. b) No the project should be rejected.

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