The Treasury bill rate is 6% and the market risk premium is 7%.

PROJECT	BETA	IRR %
P	.60	14
Q	0	10
R	1.00	18
S	.10	6
T	.80	20

What are the project costs of capital for new ventures with betas of .35 and 1.45? (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Beta Cost of Capital 0.35 ??? % 1.45 ??? %

Which (of P, Q, S, R, T) capital investments have positive NPVs?