1)A $1,000 par value bond will mature in 20 years. This bond has a 4.5% annual coupon. If the bond has a yield to maturity of 9%, what is the current price of this bond? a. $589.22 b. $599.35 c. $623.61 d. $625.40 e. $651.35 2)XYZ Company has a bond outstanding with 20 years remaining to maturity, a coupon rate of 8%, and annual payments. If the current market price is $1,050.97, and the par value is $1,000, what is the after- tax cost of debt if the tax rate is 40%? a. 4.50% b.4.53% c. 4.47% d. 4.43% e. 4.40% 3) What is the cost of the following preferred stock? The par value is $45 and the current price is $50. The dividend rate is 8% and the flotation cost is 5%. a. 7.58% b. 8.00% c. 16% d. 7.45% e. 7.67% 4)Five investment projects have the following expected NPVs and standard deviations of returns: Project A Expected NPV, $5,000, Standard Deviation $5,000 Project B Expected NPV, $15,000, Standard Deviation, $25,000 Project C Expected NPV, $25,000 Standard Deviation, $15,000 Project D Expected NPV, $15,000 Standard Deviation, $35,000 Project E Expected NPV, $45,000 Standard Deviation, $35,000 Rank the projects from highest risk to lowest risk. Select one: a. DBAEC b. DEBCA c. EDBCA d. ECBDA e. ECDBA