Initial Investment Cash flow Project A $35 million $14 million per year for four years Project B $21 million $7 million per year for five years Project C $14 million $7 million per year for four years Project D $21 million $10.5 million per year for three years An investor has a budget of $35 million. He can invest in the projects shown above. If the cost of capital is 8%. What investment or investments should he make? Project A O Project B Project C and Project D Project B and Project C A company issues a ten-year $1,000 face value bond at par with a coupon rate of 6,1paid semiannually. The YTM at the beginning of the third year of the bond (8 years left to maturity) is 8.1%. What is the new price of the bond? $1,000.00 $1237.47 $1060.69 $883.91