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Stefanie is considering purchasing a bond with semiannual payments and an annual coupon rate fixed at 9 percent. Its face value of $1,000 is payable

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Stefanie is considering purchasing a bond with semiannual payments and an annual coupon rate fixed at 9 percent. Its face value of $1,000 is payable in 12 years and the bond trades at $1,178.51 What is the expected annual yield on the bond? (Use a Financial calculator/Excel to arrive at the onswers. Do not round intermediate calculations. Round the final answer to 2 decimal places. Submit all calculations on Moodie). Annual yield on the bond ABC Company is considering an investment of $16,000, which produces the following inflows: a. Determine the NPV of the project based on a 11 percent discount rate (Omit $ sign in your response. Pleose submit your calculations on Moodle) NPV $ b. Determine the NPV of the project based on a 21 percent discount rate (Negetive onswer should be indicated by a minus sign. Omit $ sign in your response. Please submit your colculations on Moodle) NPV $

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