Explanation

Since the question does not provide the actual calculation or context to determine ABC's hurdle rate, and no specific information is given in the text to identify the correct answer, I cannot definitively determine which option is correct based on the provided information alone.

However, in typical Financial Risk Manager exam scenarios:

• Hurdle rate is the minimum rate of return required for an investment or project
• It's often calculated based on the company's cost of capital, risk-free rate, and risk premium
• Without additional context about ABC's specific circumstances (cost of capital, risk factors, etc.), we cannot calculate the exact hurdle rate

Note: In an actual exam, you would need additional information such as:

• Risk-free rate
• Market risk premium
• Company's beta
• Cost of debt
• Capital structure

Since the question states "Based on the information provided" but no additional information is actually provided, this appears to be an incomplete question scenario.