Problem 2.2 A Inc. issued 15 -year, \6 semiannual coupon bond to finance its new project. A Inc. has an option to call in the year sixth at a pre-determined price of \\( \\$ 1,040 \\). The bond sells for \\( \\$ 990.00 \\) a. What is the bond's yield to maturity? b. What is the bond's current yield? c. What is the bond's yield to call? Problem 2.3 Torbay Corporation just paid a \\( \\$ 1.50 \\) per share dividend. The company will increase its dividend by \3.5 per year for the next 2 years and then keep \1 indefinitely. If you require a \15 return on your investment, how much will you pay for the company's stock today? As a Financial Analyst of Morgan Investments Co., you are going to make a business investment decision on which of the two possible investments the company should undertake. Both projects cost \\( 200,000 \\) with a rate of return of \mathbf12. Below are the cash profits of the two projects: Question one: Using NPV and IRR methods, appraise the two projects and advise the Financial Directors which of the projects is viable and why. Question two: Which of the methods is superior? Justify your