Mirtha Mudflat Has Sufficient Funds to Choose One of Two

Mirtha Mudflat has sufficient funds to choose one of two investments.The same amount will be invested in either case.Choice one: ten year $100,000 5% Treasury bonds issued to yield 4% per annum,the market rate.Choice two: a risky bond of the same amount that has expected cash flows of $9,000 per year for the same period.Assume Mirtha purchased the risky bond for $105,000 and the market rate is 6%.Which is false?

A) Net present value is $17,080
B) Payback occurs at the end of year 10
C) IRR is 8.25%
D) Present value of the cash flows is $122,080
E) None of the above