A 10-year bond pays an annual coupon, Its YTM is 9% and it currently trades at a premium. Which of the following statements is CORRECT? Multiple Choice If the yield to maturlty remains at 9%, then the bond's price will decine over the next year. if the yield to maturty remains at 9%. then the bond's price will remain constant over the next year the yield to maturity increases, then the bond's price wat increase. The bond's current yield is less than 9 o The bones couconate s less tran 9 Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of Inflows. Multiple Choice 0 One drawback of the payback criterion for evaluating projects is that this method does not properly account for the time value of money. 0 The longer a project's payback period, the more desirable the project is normally considered to be by this criterion. 0 If a company uses the same payback requirement to evaluate all projects, say It requires a payback of 4 years or less, then the company will tend to reject projects with relatively short Ilves and accept long-lived projects, and this will cause its risk to increase over time. If a project's paypack is positive, then the project should be rejected because it must have a negative NPU 0 0 The regular paypack ignores cash Hows beyond the paypack period, but the discounted payback method overcomes this