Question: please answer as soon as possible, due in one hour Bill Bailey would like to purchase bonds from DON Corporation. The $1,000 bonds have a

please answer as soon as possible, due in one hour  please answer as soon as possible, due in one hour Bill
Bailey would like to purchase bonds from DON Corporation. The $1,000 bonds

Bill Bailey would like to purchase bonds from DON Corporation. The $1,000 bonds have a quoted annual interest rate of 10 percent, and the interest is paid semiannually. The yleld to maturity on the bonds is 11 percent annually. There are 24 years to maturity. Compute the price of the bonds. (Use a Financial calculator or Excel to arrive at the answers. Do not round intermediate calculation. Round the final answer to 2 decimal places. Omit $ sign in your response.) Price of the bonds Sunny Company manufactures printer parts, and the CEO would like to invest in a new machine to reduce operating costs. The total cost of the machine is $57,000 and the CEO predicts the following net cash flows for the next five years: (Use a Financial calculator or Excel to arrive at the onswers.) 0. If the cost of capital is 11 percent, what is the NPV? (Round the final answer to the nearest whole dolior.) NPV $ b. What is the IRR? (Round the final answer to 2 decimal places.) IRR % c. Should the project be accepted? Yes No

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