In section (a) the options for each drop down are higher or lower

In section (b) the options for each drop down section are accepted or rejected

In section (c) the options for each drop down section are correctly accepted, incorrectly accepted, correctly rejected or incorrectly rejected

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An all-equity firm is considering the following projects: Project W Beta .80 .90 1.10 1.35 IRR 10.2% 11.4 12.6 15.1 The T-bill rate is 4 percent, and the expected return on the market is 12 percent. Required: (a) Which projects have a higher expected return than the firm's 12 percent cost of capital? Project W has a (Click to select) A expected return, Project X has a (Click to select) A expected return, Project Y has a (Click to select) expected return, and Project Z has a (Click to select) expected return. (b) Which projects should be accepted? , Project Y should Project W should be be (Click to select) (Click to select) , Project X should be (Click to select) , and Project Z should be (Click to select) (c) Which projects will be incorrectly accepted/rejected or correctly accepted/rejected if the firm's overall cost of capital were used as a hurdle rate? Project Y Project W would be (Click to select) Project X would be (Click to select) would be (Click to select) , and Project Z would be (Click to select) 4