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A- You have a project with a profitability index of 1.86. Should you accept or reject the project? B- Duke's sausage has a bond with
A- You have a project with a profitability index of 1.86. Should you accept or reject the project?
B- Duke's sausage has a bond with the following characteristics; a coupon rate of 8.3%, a par value of $1000, 8 years to maturity, and a Yield to Maturity of 4.7%? What would you be willing to pay for this bond? (Enter the absolute value of your response to two decimal places, ex: 123.45 NOT -123.45)
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