flows of $44,503 per year. If The capital budgeting director of Sparrow Corporation is evaluating a proje $200,000, is expected to last for 10 years and produce net after-tax cash flows relevant to an IRR calculation?) us cost of capital is 14 percent, what is the project's IRR? (Hint: Is the firm's cost of capital a. 8% b. 14% c. 18% d. -5% e. 12% ar mortgage on your new home for $120,000. This mortgage is to (nominal) annual interest rate is 14.75 6 You have just taken out a 30-year mortgage on your new home for $120,0 be repaid in 360 equal monthly installments., If the stated (nominal) annual interes percent, what is the amount of each of the monthly installments? a. $1,515.00 b. $1,472.38 c. $1,493.37 d. $1,522.85 e. $1,440.92 AS bond market interest rates increase the value (i... price of a fixed coupon interest rate boru (i.e., a typical corporate bond) a. does not change b. increases c. decreases d. insufficient information to answer this question e. None of the above or insufficient information In an efficient capital market a. studying past prices will help you earn above average returns on stock investments b. all security investments are positive NPV investments. c. securities are relatively fairly priced based on the information available to all investors d. above normal returns can not be earned e. None of the above or insufficient information