Question: Please attach steps on how to solve Look at the 4 projects you want to evaluate. the IRR of each project to get a rate


Please attach steps on how to solve
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 10.3% (W), 10.8% (X), 14.3% (Y), and 17.3% (Z). The betas are listed in order; .52 (W), .93 (X), 1.07 (Y), and 1.75 (Z). The Risk-free rate is 5.3%, and the expected return on the market is 12.3%. a. Which projects have a higher/lower expected return than the firm's 12.3% weighted average cost of capital (WACC)? 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
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