Question 2 1 pts 4. Acme, Inc., is considering a project in the food distribution business. It has a D/E ratio of 1.8, a marginal tax rate of 25%, and its debt currently has a yield of 14%. Balfor, a publicly traded firm that operates only in the food distribution business, has a D/E ratio of 1.2, a marginal tax rate of 30%, and an equity beta of 1.3. The risk-free rate is 5%, and the expected return on the market portfolio is 11%. Calculate Balfor's asset beta, the project's equity beta, and the appropriate WACC to use in evaluating the project. 12.949% O 12.094% O 11.382%