What is the payback period for the following set of cash flows? Cash Flow Year -$ 3,900 1 1,200 2 2,500 3 1,500 4 2.900 Multiple Choice 2.08 years 215 years Multiple Choice 2.08 years 2.15 years 2.13 years 243 years 2.24 years Grohl Co. issued 15-year bonds a year ago at a coupon rate of 8 percent. The bonds make semiannual payments. If the YTM on these bonds is 11 percent, what is the current bond price? Multipte Choice $1.780.68 $798.18 $854.44 $78818 $1,780.68 $798.18 $854.44 $788.18 $659.62 What is the IRR of the following set of cash flows? Year Cash Flow 0 -$10,383 5,200 5,000 4,900 Multiple Choice 20.52% 22.68% 216% O12 3 20.52% 22 68% 216% 21.17% 22 03