board Show Time Question Completion Status New issue of stock QUESTION 33 Which one of the following statements defines the internal rate of return for a project? The discount rote that results in an prosent value of zoro The weighted average of a firm's costs of equity and its after-tax cost of debt. Also known as the yield-to-maturity is the band's rate of return that is required by the market The difference between current sets and current liabiti The quotient of the net income and the total equity invested by shareholders. QUESTION 34 Lord Penrose, financial analyst for the guitable Life Assurance Society (Equitable Life), to just been asked to evaluate two mutually exclusive project schemes one of offering a feed Guaranteed Annuity (GAR) and another one offering the Current Aruty Rate the market nuity rate at this time) (CAR). He must select one met of analysis and provide an answer based solely on that investment anterion. Which investment criterion should he use instion? Profitability index Discounted payback Payback QUESTION 35 Which one of the foowing statements describes systematic ork? Fisk that affects a large number of ses or the aggregate mare measured by bol Chick Save and Subito and click All Antall ans Save All Answer 5 6 E R. Y