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Problem #2 (2/10): Jerry has an opportunity to buy a bond with a face value of $10,000 and a coupon rate of 15%, payable semi-annually.

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Problem #2 (2/10): Jerry has an opportunity to buy a bond with a face value of $10,000 and a coupon rate of 15%, payable semi-annually. (a) If the bond matures in five (5) years and Jerry can currently buy one for $5,000, what is his IRR for this investment? (b) If his MARR for this type of investment is 25%, should he buy the bond

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