a. liquidity and profitability b. debt and equity c. sales and cost of goods sold d. beta and expected return 9. Peerless Securities has an issue of $1,000 par value bonds with 16 years r maturity. The bonds pay 8.8% interest on a semi-annual basis. The current n of the bonds is $1,075. What is the yield-to-maturity of the bonds? a. 5.70% b, 6.13% c. 6.87% d. 7.96% 10. A project with an initial outlay of $12,000 is expected to generate $3,000 a one, $6,000 in year two, $9,000 in year three, and $12,000 in year four. What project's payback period? a. 4.00 years b. 3.50 years c. 2.33 years d. 1.66 years 11. The primary goal of a publicly owned corporation is to a. maximize shareholder wealth b. maximize dividends per share c. maximize earnings per share after taxes d. minimize shareholder risk 3 of 11