PR Corporation just issued 1,000 par 20-year bonds. The bonds ...

[james0929]

PR Corporation just issued 1,000 par 20-year bonds. The bonds sold for 936 and pay interest
  semiannually. Investors require a rate of 7.00 on the bonds. What is the amount of the semiannual
  interest payment on the bonds?
 
  A) 32.00 B) 21.75 C) 64.50 D) 55.00

Question 2

The internal rate of return is the discount rate that equates the present value of the project's future
  free cash flows with the project's initial outlay.
 
  Indicate whether the statement is true or false

[ankilker]

Answer to Question 1

A

Answer to Question 2

TRUE

[james0929]

Thanks for the timely response, appreciate it

[softEldritch]

Great answer, keep it coming