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Moerdyk Corporation's bonds have a 15-year maturity, a 7.25% semiannual coupon, and a par value of $1,000. The going interest rate (rd) is 5.30%, based on semiannual compounding. What is the bond's price? $1,224.05 $1,500.06 $1.164.05 $1.200.05 $948.04 Morin Company's bonds mature in 8 years, have a par value of $1,000, and make an annual coupon interest payment of $65. The market requires an interest rate of 6.7% on these bonds. What is the bond's price? @$1,047.19 D $770.58 e$987.92 $1.215.14 $1.155.86 Four of the following statements are truly disadvantages of the regular payback method, but one is not a disadvantage of this method. Which one is NOT a disadvantage of the payback method? Does not directly account for the time value of money 0 Does not provide any indication regarding a project's liquidity or risk Lacks an objective, market-determined benchmark for making decisions. @Does not take account of differences in size among projects. Ignores cash flows beyond the payback period. Which of the following statements is CORRECT? If a project has normal" cash flows, then it can have only one real IRR, whereas a project with "nonnormal" cash flows might have more than one real IRR If a project has "normal" cash flows, then its MIRR must be positive. The definition of "normal" cash flows is that the cash flow stream has one or more negative cash flows followed by a stream of positive cash flows and then one negative cash flow at the end of the project's life. If a project has "normal" cash flows, then its IRR must be positive. If a project has "normal" cash flows, then it will have exactly two real IRRS

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