Problem $12-29$ CAPM and Hurdle Rates $($LO$3)$

A project under consideration has an internal rate of return of $16\%$ and a beta of $0\mathrm{.}7.$ The risk$-$free rate is $6\%,$ and the expected rate of return on the market portfolio is $16\%.$

a$.$ What is the required rate of return on the project?

Note: Do not round Intermedlate 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 $1\mathrm{.}70?$

Note: Do not round Intermedlate calculations. Enter your answer as a whole percent.

d$.$ If project's beta is $1\mathrm{.}70,$ should the project be accepted?

$\backslash$table$[[$a$.$ Required rate of return,$\%$