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Question 8(3 points) A firm is considering the following four independent projects: Project Beta of project IRR 12% 19% 11% 10% 0.9 1.5 1.0 0.4

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Question 8(3 points) A firm is considering the following four independent projects: Project Beta of project IRR 12% 19% 11% 10% 0.9 1.5 1.0 0.4 The risk-free rate is 2%, the expected market return is 12%. The firm's WACC is 13%. which of the following statements is correct (true)? Reject project A Accept projects B and C only Accept project D only Accept project B only Accept all projects Accept projects A, B, and D Reject projects A, B, and D

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