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  3. 1. a $1,000 face value bond currently has a yield

1. A $1,000 face value bond currently has a yield to maturity of 6.69 percent. The...

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Finance

1. A $1,000 face value bond currently has a yield to maturity of6.69 percent. The bond matures in three years and pays interestannually. The coupon rate is 7 percent. What is the current priceof this bond?

2. UFS print corporation is expected to pay annual dividends of$1.90 and $2.10 over the next two years, respectively. After that,the company expects to pay a constant dividend of $2.30 a share.What is the value of this stock at a required return of 16percent?

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1. A $1,000 face value bond currently has a yield to maturity of6.69 percent. The bond matures in three years and pays interestannually. The coupon rate is 7 percent. What is the current priceof this bond?2. UFS print corporation is expected to pay annual dividends of$1.90 and $2.10 over the next two years, respectively. After that,the company expects to pay a constant dividend of $2.30 a share.What is the value of this stock at a required return of 16percent?

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