2) A bond has a $1,000 par value, 12 years to maturity, a 8 percent semiannual coupon, and sells (6pts) for $970. a. What is its current yield? b. What is its yield to maturity (YTM)? (6pts) 3) Project A costs $50,000, its expected net cash inflows are $12,000 per year for 8 years, and its required return (WACC) is 9 percent. a. What is the project's NPV? b. What is the project's IRR? (3pts) 4) It is expected for stock A to pay a dividend of $0.60 at the end of the year (that is, D1 -0.60), and it should continue to grow at a constant rate of 9 percent a year. If its required return is 12 percent, what is the stocks expected price 2 years from today