d. $881.60 e. $903.64 percent annually, with interest being paid each 6 months, If you expect to earn a 10 percent annual nominal rate of return on this bond, how much did you pay for it? 47. You have just purchased a 10-year, $1.000 par value bond. The coupon rate on this bond is & a. $1,122.82 b. $1,003.42 $ 875.38 d.$ 950.75 e. S 812.25 48.Project A has an internal rate of return (IRR) of 15 percent. Project B has an IRR of 14 percent. Both projects have a cost of capital of 12 percent. Which of the following statements is most correct? a Both projects have a positive net present value (NPV) Project A must have a higher NPV than Project B. I the cost of capital were less han Project A than 12 percent, Project B would have a higher IRR d. Statements a and c are correct e. All of the statements above are correct