QUESTION 26 With everything else held constant, which one of the following events should decrease the internal rate of return (IRR) of a capital budgeting project? O a. Higher expected cash inflows from the project. Ob. A decrase in the cost of capital. OC. An increase in the amount of working capital required. Od. A reduction in the cost of the asset. QUESTION 27 What is the yield-to-maturity of a $1,000 face value, 8% coupon bond selling for $912.89 that has 6 years remaining to maturity? O a. 11% O b.9% O C.8% O d. 10% QUESTION 28 Newman Corporation's $100 face value fixed-rate preferred stock pays an annual dividend of $7.47 per share. What is the yield on this stock if today's market price is $85.00? O a. 7.47% O b. Cannot determine from the data given. O c. 6.35% O d. 8.79%