The bond has a 12% annual coupon rate, a $1,000 par value, it matures in 20 years and pays coupon quarterly. The current bond price is $800. What is the bond's annual yield? A. 15.20% B. 18.26% C. 20.56% D.14.28% QUESTION 4 An investment project delivers a cash flow of 50K per year for the first 5 years and then 20K forever. If the interest rate is 12%, wha is the present value of the project's cash flow? A. $185.153.02 B. $85667.27 C. $274,809.95 D. $205,376.12