A bond has 10 years until maturity, a coupon rate of 8%, and a selling price of exist1, 050. What is the yield to maturity on the bond? A) 7.00% B) 7.28% C) 6.19% D) 9.25% Current forecasts are for ABC Company to pay dividends of exist3, exist3M, and exist3 over the next three years, respectively. At the end of three years you anticipate selling your stock at a market price of exist80. What would be the current value of the stock given an 8% discount rate? A) 71 24 B) 92.33 C) 7.73 D) 63.51 Bonds are A) borrowing agreements. B) debt securities. C) a major source of firm assets. D) all of above. An increase in working capital generally A) increases the net present value of a project. B) decreases the net present value of a project. C) does not affect the net present value of a project. D) None of the above. How much does the exist1,000 to be received upon a bond's maturity in five years add to the bond's present value if the appropriate discount rate is 6%? A) exist209.91 B) exist252.74 C) exist760.00 D) exist747.26 What is the accounting break-even level of revenues for a firm with exist6 million in sales, variable costs of exist3.9 million, fixed costs of exist1.2 million, and depreciation of exist1 million? A) exist3, 428, 571 B) exist6, 100,000 C) exist6, 285, 700 D) exist6, 557, 377 The NPV of a project depends on A) the initial cash flow the project requires. B) all the future cash flows the project generates. C) the discount rate for the project. D) all of the above. To determine whether a project is good or bad, knowing the following property of the project is sufficient. A) its IRR B) its NPV