You are using a net present value profile to compare Projects A and B, which are mutually exclusive. Which one of the following statements correctly applies to the crossover point between these two? a. The intemal rate of return of each project is equal to zero. b. The net present value of each project is equal to zero. c. The intemal rate of return for Project A equals that of Project B, but generally does not equal zero. d. The net present value of each project is equal to the respective project's initial cost. e. The net present value of Project A equals that of Project B, but generally does not equal zero. Too Young, Incorporated, has a bond outstanding with a coupon rate of 7.1 percent and semiannual payments. The bond currently sells for $945.50 and matures in 17 years. The par value is $1,000. What is the company's pretax cost of debt? a. 7.77% b. 7.68% c. 8.26% d. 7.99% e. 3.84% Atlas Home Supply has announced that it will pay a dividend of S2.64 per share one year from today. Dividends will stay at that level through Year 3 , after which time the dividends will increase by 2 percent annually. The required return on this stock is 12 percent. What is the current value per share? a. $26.02 b. $26.08 c. $25.51 d. $26.84 e. $24.57