You are in the financial planning and analysis department evaluating a new capital project. The project is considered to have a high level of risk. The company's weighted cost of capital is 11.5%. When preparing an NPV on the project you would use a required rate of return: Equal to the weighted cost of capital Below the weighted cost of capital Above the weighted cost of capital Use the weighted cost of capital less 1% Use the cost of equity Question 4 3.34 pts You purchased a bond with a par value of $1,000, coupon of 7.00%, and it will mature in 12 years. It pays interest on a semi-annual basis and the yield to maturity when you purchased it was 8.25%. What was the price you paid? $902.29 $898.01 923.76 $905.91