Question 25 0 out of 1 points Animist Designers has generated sales of $325,000 for the current year. If it can increase its sales at a rate of 18 percent every year, how long will it take for its sales to triple? (Round off to the nearest year) Question 26 1 out of 1 points Ryan Waters is planning to invest in a 20-year bond that pays a 7 percent coupon. The current market rate for similar bonds is 9 percent. Assume semiannual coupon payments. What is the maximum price that should be paid for this bond? (Round to the nearest dollar.) Question 27 1 out of 1 points Which one of the following statements is FALSE? Question 28 1 out of 1 points A construction firm is evaluating two value-adding projects. The first project deals with building a car wash at the new terminal at the local airport. The second project is to build a park-n-ride parking lot on a piece of land that the firm owns 1.5 miles from the airport. If both projects are positive-NPV projects, then the firm should