with equation explanations please!

10-23. Qwarm Industries is evaluating the following independent capital budgeting projects: Project IRR Project's Beta Coefficient, BProj AB 16.0% 1.5 PQ 13.0 1.2 ZY 9.0 0.6 Qwarm generally considers risk when examining projects by applying the capital asset pricing model (CAPM) to determine the appropriate required rate of return for each project. If the risk-free rate is 3 percent and the market risk premium is 9 percent, which project(s) should Qwarm purchase? (LO 10-3)