Question 14 1 pts Clear Contacts is evaluating the following independent projects Project CD IRR 15.0% 130 10.5 GH RS Risk High Average Low Clear's policy is to adjust its average required rate of retum, which equals 12 percent when the risk associated with a project is determined to be either higher than average or lower than average. The adjustment for higher than average risk project is 4 percent and the adjustment for kowe-ban average risk projects is 2 percent Which projects) should clear purchase? Projects and should be purchased because they both grosir 12 per O Projects GH and should be purchased o Only Project should be purchased because it has the highest None of the projects and be purchased Only Prat RS be purchased D Question 15 1 pts Greater Good Glass (CGC) plans to issue a new bond with a coupon rate of interest equal to the yield to maturity YTM) on Its elsang bond. The exiting bond, which was issued five years ago, has a coupon rate of interest equal to 70 percent, 15 years remaining unti maturity, and a fnce value equal to 51,000. Interest is paid seniannually. The market value of the existing bond is $1.335.95. What is Gods before tax cost of dete? GGGY marginal tax rate is 36 percent 0 7.90% 4.COM oca ODLO 2.00