Question 17 (3 points) 1. Other things held constant, an increase in the required rate of return will result in a decrease of a project's IRR. True False Question 18 (5 points) The Seattle Corporation has been presented with an investment opportunity which will yield cash flows of $30.000 per year in Years 1 through 4.$35,000 per year in Years 5 through 9, and $40,000 in Year 10. This investment will cost the firm $200,000 today, and the firm's required rate of return is 10 percent. Assume cash flows occur evenly during the year, 1/365th each day. What is the payback period for this investment? Question 19 (3 points) 1. A capital budgeting project is acceptable if the rate of return required for such project is greater than the project's internal rate of return. True False Question 20 (4 points) Jack Welch bought a bond at $980 and sold it for $ 1004 after a year. He received a coupon payment of $ 40 in that year. What is his rate of return on his bond investment? 6.53% 6.22% 2.45% 4%