Bobs Warehouse is considering the following projects:

Project	Beta	IRR(actual project return)
X	1.6	19.8%
Y	0.8	11%
Z	0.9	16%

Bobs Warehouse is an all-equity firm. The T-bill rate is 2.5%, and the expected return on the market is 14%. The firm has an equity beta =1. Which project(s) should the firm accept?

	A.	Reject X, Accept Y, Accept Z
	B.	Reject X, Reject Y, Accept Z
	C.	Accept X, Reject Y, Reject Z
	D.	Accept X, Reject Y, Accept Z