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Analyze the statement A coupon bond is called a discount bond when its market price is less than its fair value. True or False? Numerically

Analyze the statement A coupon bond is called a discount bond when its market price is less than its fair value. True or False?

Numerically make up two projects, each of which has three cashflows: CF0, CF1, CF2. Compute PI (or IRR) and NPV (pick your own required rate of return) for the two projects. Show that PI (or IRR) conflicts with NPV regarding ranking the two projects. Briefly explain why such conflict could happen when ranking projects.

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