Calculate the value of a bond that has a $1,000 par value. The annual coupon interest rate is 9 percent, and the marketas required yield to maturity on a comparable-risk bond is 9 percent. What would be the value of this bond if it pays interest semiannually? $1200$1000$1100$100 A proposed project has an initial cost of $38,000 and cash inflows of $12,300,$24,200, and $16,100 for years 1 through 3 , respectively. The required rate of return is 16.8 percent. Based on IRR, should this project be accepted? Why or why not? No, The IRR exceeds the required return by .58 percent. No: The IRR is less than the required return by 1.03 percent. Yes: The IRR exceeds the required return by 0.58 percent. Yes; The IRR exceeds the required return by about 1.03 percent