Question: CSN 4) The specific risk Question 23 (1 point) Projects A and B both last for 4 years and have identical initial cash outflows (costs).

 CSN 4) The specific risk Question 23 (1 point) Projects A

CSN 4) The specific risk Question 23 (1 point) Projects A and B both last for 4 years and have identical initial cash outflows (costs). However, the NPV profiles of the two projects cross over at 8% with the NPV of Project B decreases at a faster rate as cost of capital increases. Which of the following statements is CORRECT? ( 1) More of Project A's cash flows occur in the later years. 2) More of Project B's cash flows occur in the later years. 3) Project A has a higher NPV when the cost of capital is 6%. KMD 4) Project B has a higher NPV when the cost of capital is 10%. Question 24 (1 point) Saved 0.vear bond with a face value of $1,000 sells for $1,000. Which of the

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