2.MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question(12 credits) 2.1 National Automobile Parts had sales of $2 million this year. The marketing manager expects sales to grow at a 10 percent compound annual rate over the next 10 years. On this basis, sales in 10 years should be closest to A) $2,593,722 B) $5,081,309 C) $5,187,485 D) $4,622,885 2.2 The price of a 10 -year bond with an 8 percent coupon rate is currently $681.76. If interest on the bond is paid semiannually, the bond's yield to maturity is closest to A)14percentB)12percentC)7percent D) 8 percent 2.3 One of the principal shortcomings of an interest coverage ratio is that a firm's ability to service its debt is A) exclusive to principal payments B) related both to interest and principal payments C) met only out of operational earnings D) subject to seasonal variation 2.4Which of the following would not be included in projecting the incremental net cash flow for the terminal year of a new project? A) the after-tax salvage value of the project B) the change in the level of net working capital C) the net change in operating cash flow after taxes D) the after-tax interest cost related to financing the project in the terminal year