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need help with question 21 and 22 Question 21 (1 point) Palmer Products has outstanding bonds with an annual 8 percent coupon. The bonds have

need help with question 21 and 22
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Question 21 (1 point) Palmer Products has outstanding bonds with an annual 8 percent coupon. The bonds have a par value of $1,000 and a price of $908.71. The bonds will mature in 20 years. What is the yield to maturity on the bonds? A) 7.5% B) 8% OC) 9% D) 9.5% E) 10% Question 22 (1 point) Martin Manufacturers is considering a five-year investment that costs $100,000. The investment will produce cash flows of $30,250 each year for the first two years (t = 1 and t = 2), $32,675 a year for each of the remaining three years (t = 3, t = 4, and t = 5). The company has a weighted average cost of capital of 14 percent. What is the MIRR of the investment? OA) 12.25% B) 13.13% OC) 14.02% OD 14.91% E) 15.81%

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