Question 12 (1 point) The 10-year bond of Crown Electronics is selling at $960 each. The bond has a coupon rate of 8% and par value of $1,000. The firm will incur a $20 flotation cost for each bond issued. If the firm's tax rate is 40%, what is after-tax cost of the firm's debt? O 1) 5.36% O2) 6.45% 3) 5.17% 4) 8.93% Question 13 (1 point) If the inflation rate in the United States is greater than the inflation rate in Sweden, other things held constant, the Swedish currency will O 1) Appreciate against the U. 5. dollar. O2) Depreciate against the U.S. dollar. O 3) Remain unchanged against the U.S. dollar. 4) Appreciate against other major currencies Question 14 (1 point) EDS Industries Inc. is considering an investment project that has the following cash flows: CFO--$6,500, CF1-$2,000, CF2= $3,000, CF3- $3,000, CF4- $1,500. What is the project's IRR? 1) 12.48% O2) 14.56% 3) 16.12% 4) 17.59% Question 15 (1 point) Your company's stock sells for $50 per share, its last dividend (Do) was $2.00, its growth rate is a constant 5 percent, and the company will incur a flotation cost of 15 percent if it sells new common stock. What is the firm's cost of new equity,re? 1) 9.20% O2) 9.94% O 3) 10.50% 4) 11.75%