Nine Point Industries is planning to issue $1,000 par value bonds. The bonds will have a coupon rate of 12 percent and will be sold at a market price of $980. The firm will not incur any flotation costs. The bonds will mature in 20 years and interest payments will be made semi-annually. The company's marginal tax rate is 21%. What is the firm's after-tax cost of debt financing? O 9.69% 12.27% O 12.00% O 10.36% 0. 13.12% Your firm has estimated the following cash flows for two mutually exclusive capital investment projects. The firm's required rate of return is 10%. Year Project Green 0 -$185.000 1 55,000 2 55,000 3 55,000 4 45,000 5 45,000 6 45,000 Project Yellow -$410,000 120,000 120,000 110,000 110,000 90,000 60,000 Which of the following statements is true concerning projects Green and Yellow? O Project Green has a larger IRR than project Yellow. O None of these are correct, O Project Green has a larger NPV than project Yellow O Project Yellow has a larger IRR than project Green