Home Depot just issues a 10-year, 6 percent coupon bond pays interest semiannually. The bond has a face value of $1,000. What is the percentage change in the price of this bond if the market yield to maturity rises to 4.4 percent from the current rate of 4 percent

7.35 percent decrease

3.02 percent decrease

9.32 percent increase

3.02 percent increase

9.32 percent decrease

Projects A and B are mutually exclusive and both have an initial cost of $78,000. Project A has annual cash flows for three years of $28,000, $31,500, and $42,300, respectively. Project B has annual cash flows for three years of $27,000, $30,500, and $44,900. What is the crossover rate?

	8.10 percent
	5.16 percent
	15.20 percent
	18.82 percent
	3.33 percent