The Treasury bill rate is 3% and the market risk premium is 7%. Project Beta Internal Rate of Return, % P 1.10 18 Q 0 14 R 3.00 23 S 0.50 15 T 2.50 25 a. What are the project costs of capital for new ventures with betas of .85 and 1.65? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Beta Cost of Capital 0.85 % 1.65 % b. Which of the following capital investments have positive NPVs