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Choose all correct sentences NPV and IRR always provide same conclusion as long as cashflows are nonconventional and projects are independent The bond is sold

Choose all correct sentences

NPV and IRR always provide same conclusion as long as cashflows are nonconventional and projects are independent

The bond is sold at par if the coupon rate is equal to YTM

Interest rate risk of the bonds is higher if the coupon rate is higher and the time to maturity is longer

The holder of municipal bonds must pay federal tax, but not state tax

The term structure of interest rate risk consists of the real rate, inflation premium, and the business risk of the firm

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When fixed asset is sold, if the book value is larger than the market value, the firm must pay additional taxes

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