list of Elsiver's Below is a Elsiver. Ltd. Has a capital budget of 3,000,000 next year. available projects, including the projects, NPV, IRR Elsner include if their cost of capital is l 3%? 6. E and PI. Which projects should Investment Outlay 800,000 1,200,000 700,000 800,000 IRR 21% 14% 17% 15% Project NPV E57,000 54,000 49,000 40,000 a. A and B only b. A, B and C only c. A, B and D only d. A, B, C and D e. A, C and D only What is meant by mutually exclusive projects? a. when the option to invest in future projects occurs sequentially b. when the cash flows of one project are excluded because they are uncertain c. two competing projects, the selection of either one of these projects eliminates the 7. option of selecting the other project You hold a bond with a coupon rate of 9%, face value of $1,000, and the coupon is paid semiannually. How much interest would you get every six months? a. $45 b. $90 c. Not enough information 9. Lycan, Inc., has 6 percent coupon bonds on the market that have 4 years left to maturity The bonds make annual payments and have a par value of $1,000. If the discount rate on these bonds is 5 percent, what is the current bond price? a. $875.51 b. $1,000 c. $1,035.46