One year ago, Alpha Supply issued 15-year bonds_at par. The bonds have a coupon rate of 6.5 percent and pay interest annually. Today, the market rate of interest on these bonds is 7.2 percent. What is your rate of return by buying the bonds one year ago and holding until today? 0.95%0.45%1.50%6.50% A three-year bond has a coupon yield of 5% and a yield to maturity of 10%. The bond pays coupons annually and the face value is $1,000. What is the Macaulay duration for the bond? 2.853.501.551.95 Firm Y has a budget limit of $10 million. It has the following three opportunities. Project A: investment =$10 million, NPV = $18 million; Project B: investment =$5 million, NPV = $12 million; Project C: investment: $4 million, NPV =$8 million. Which project should Firm Y invest in based on Weighted Average Profitability Index (WAPI) and what is the highest PAPI? Combination of B and C,WAPI=2 Project B, WAPI =2.4 Combination of B and C,WAPI=2.2 Project A, WAPI =2