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Question 3 1 pts An 8 percent coupon bond with 15 years to maturity is priced to offer a 9 percent yield to maturity. You

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Question 3 1 pts An 8 percent coupon bond with 15 years to maturity is priced to offer a 9 percent yield to maturity. You believe that in five years, the yield to maturity will be 7 percent. What is the approximate change in price the bond will experience in dollars? Assume annual interest payments and a $1,000 par value. $150 $176 $198 $164 $215 Question 4 1 pts Masulis Inc. is considering a project that has the following cash flow and WACC data. What is the project's discounted payback? WACC: 10.00% Year 0 1 2 3 4 Cash flows - $950 $608 $485 $445 $405 2.44 years 2.22 years 1.99 years 1.79 years 1.61 years

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