If a bond with 6-years to maturity is available for $932.45, and the coupon pays $45 every six months, what is the YTM of this bond? 7. Using the above information (6-years to maturity, available for $932.45, with a coupon that pays $45 every six months), if rates in the market fell to 7% what would your bond be worth... what would be its Present Value? 8. (20 Points) The following two projects are mutually exclusive meaning we can only choose one. The cost of capital is 8% and we must do the calculation for the NPV and the IRR for both. If they conflict (and you know they will. LOLJ, we must calculate the IRR of the delta project and base our decision on that indicatorl 9. Stock ABC XYZ Project cash Flow ($50,000$50,000) 0 0 0 $82,000 $10,272.45 13.17% 0 0 $25,000 $25,000 Year 1 Year 2$25,000 $25,000 $25,000 NPV$9,655.02 14.71% Year 3 Year 4 $57,000 IRR IRRAProi 9.06% Select project XYZ using the crossover rate of 9.06% and the cost of capital of 8%