Question 3 Suppose Suhail LLC, a 100% equity finance company, has three projects: Road, Oil Refinery, and Theme Park and Project's betas and values are as follows: Requited: a) Calculate the weightage of each project for equity capital, hence find the equity beta (weighted average beta of the three projects). b) Suppose the risk-free rate is 6% per annum and the expected market return is 7.5% per annum, calculate the expected return on the average project. c) By using the CAPM, calculate the expected return of each project