Q-49. A packaging materials manufacturer is considering a project that has an estimated risk-adjusted return on capital (RAROC) of 15%. Suppose that the risk-free interest rate is 3% per year, the expected market rate of return is 11% per year, and the company's equity beta is 1.8. The manufacturer uses the adjusted RAROC metric as the criterion to decide whether or not to accept the project. Which of the following correctly describes the decision the company should make and the rationale for making that decision?