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Financial managers should only accept investment projects that: increase the current profits of the firm. can increase the firm's market share. earn a higher rate

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Financial managers should only accept investment projects that: increase the current profits of the firm. can increase the firm's market share. earn a higher rate of return than shareholders can get by investing on their own earn a higher rate of return than the firm currently earns on its existing projects. Question 5 2 pts What is the current yield of a bond with a 8% coupon paying interest annually. 8 years until maturity, a face value of $1,000, and a current price of $977? (Enter your percentage answer as a number rounded to 2 decimal places. For example: enter 15.25% as 15.25)

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