What rate of return will an investor earn if they buy a 20-year, 10 percent annual coupon bond for $900 They plan on selling this bond at the end of five years for $951. Calculate the rate of return and the current yield at the end of five years. Rate of return Current yield （）①A. 12.0% 10.51% ②B. 9.4% 11.00% ③C. 12.0% 11.00%

单项选择题Which of the following statements about the internal rate of return (IRR) for a project with the following cash flow pattern is TRUE Year 0: -$ 2000 Year 1: $ 10000 Year 2: -$ 10000（）

A. It has a single IRR of approximately 38 percent.
B. It has a single IRR of approximately 260 percent.
C. It has two IRRs of approximately 38 and 260 percent.

单项选择题Rivendale Enterprises issued a 3-year, $ 20 million face, 8% semiannual coupon bond when market interest rates were at 9%. What was the initial balance sheet liability and what percent-age of the cumulative interest expense occurred through year 1 Initial liability Year 1 interest expense（）①A. $ 19484213 31.84% ②B. $ 19484213 33.05% ③C. $ 20000000 33.05%

A. ①
B. ②
C. ③