Which of the following mutually exclusive projects should be accepted? The wacc = 10%.

Project	A	B	C	D
NPV	$3,000	$2,000	$1,000	($2,000)
IRR	15%	25%	17%	8%
Payback Period	3 years	1 year	2 years	5 years

options:

	B
	A, B, and C
	C
	A
	D

Part b

A bond has a par value of $1000, a 12% annual coupon, matures in 10 years, and has a market price of $800. Compute the current yield of this bond.

options:

	12.0%
	15.0%
	16.2%
	10.8%