boed.) a. If you sell the bond now, what intemal rate of return will you have eamed on your imvestreent in the bond? b. If instead you hold the bond to maturity, what internal rute of return will you eam on your initial investrment in the bond? c. Is comparing the IRRe in (a) veraus (b) a useful way to evaluate the decision to sell the bond? Explain. a. If you sell the bond now, what intemal rate of retum will you have eamed on your imveotment in the bone? The IRR of the bond is 4. (Round to two docimal places.) b. If instead you hold the bond to maturity, what internal rate of return will you aam on your inical investrient in the bond? The IRR of holding the bond to maturity is \%. (Round io two decinul places.) c. Is comparing the 1RRs in (a) versus (b) a useful way to eraluate the docision to sel the bond? Explain. (Seiect the best choice beliw.) A. Yes, 1RR works for bonds. You shouid pick the choice with the higher IRR. B. No, the two IRRs represent different returns far diferent time intervels C. No, IRR is fawed. Use NPV. D. Yes, IRR works for bonds, you should pick the choice with the lower lRRR because this is effectvey a loan