These bonds are exempt from federal taxes: O A. Treasury bonds O B. foreign bonds O C. corporate bonds O D. municipal bonds Which of the following statements is true of a bond? O A. The maturity date of a bond is contractually fixed. O B. The maturity value of a bond is always more than the market value of the bond. OC. The call provision of a bond is exercised only after the bond matures. OD. The market value of a bond is contractually fixed. OE. Interest payments increase throughout the duration of a bond. The Recycled Paper Inc. corporation is considering a project with the following cash flows. Year 0 1 2 3 Cash Flow -$75,000 $18,500 $18,500 $18,500 $18,500 $12,500 $12,500 $12,500 $12,500 4 5 6 7 8 What is the IRR of the proposed project? O A 13.57% OB. 12.74% OC.14.20% O D. 18.35%