solve both

35. Your firm is planning to invest in a meat processing plant . Tulane Industries is an all-equity firm that special izes in this business. Suppose Tulane's equity beta is 1.15, the risk-free rat 6%. If your firm's project is all equity financed, what should be the project's cost of capital? a. 6.45% b. 1.15% c. 9.90% d. Since the project is all equity financed, the project does not have any cost of capital e is 396, and the market risk premium is e. 7.45% 6. Which one of the following conditions would the market portfolio be an inefficient portfolio? a. when a significant number of investors are not willing to hold inefficient portfolios b. when a significant number of investors interpret information correctly c. when a significant number of investors do not have rational expectations d. when a significant number of investors try to achieve alpha hen a significant number of investors try to maximize their investment returns