A project under consideration has an internal rate of return of 15% and a beta of 0.7. The risk-free rate is 5%, and the expected rate of return on the market portfolio is 15%.

a.What is the required rate of return on the project?(Do not round intermediate calculations. Enter your answer as a whole percent.)

b.Should the project be accepted?

c.What is the required rate of return on the project if its beta is 1.70?(Do not round intermediate calculations. Enter your answer as a whole percent.)

d.If project's beta is 1.70, should the project be accepted?