12 Problem 20 points Look at the 4 projects you want to evaluate the IRR of each project to get a rate of return. In order the results are 9.2% (W). 10.3% (X), 14.1% (Y), and 17.0% (Z). The betas are listed in order; .57(W). 77 (X). 1.27 (Y). and 1.74 (Z). The Risk-free rate is 5%, and the expected return on the market is 12%. Print a. Which projects have a higher/lower expected return than the firm's 12% weighted average cost of capital (WACC)? expected return, Project Y has a higher Project W has a lower expected retum, and Project Z has a expected return, Project X has a higher lower expected return b. Which projects should be accepted using the SML rule? Project W should be Project Y should be accepted accepted Project X should be , and Project Z should be rejected rejected c. Which projects will be incorrectly accepted/rejected or correctly accepted/rejected if the firm's weighted cost of capital were used as a hurdle rate? Project W would be Project Y would be Project X would be and Project Z would be