### Finance: Compute annual interest payment, required rate of return, NPV of project,

1. A corporate bond has a coupon rate of 12%, a yield to maturity of 10.55%, a face value of $1,000, and a market price of $850. Therefore, the annual interest payment is: Answer is A) 101.75 B) 102 C) 105.50 D) 120.00 2. Johnstown Supply Corporation stock is currently selling for $58.00. It is expected to pay a di