A company recently paid a $0.35 dividend. The dividend is expected to grow at a...

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Finance

A company recently paid a $0.35 dividend. The dividend is expected to grow at a 10.5 percent rate. At a current stock price of $24.25, what return are shareholders expecting? (LG 3-3)
What is the duration of a two-year bond that pays an annual coupon of 10 percent and has a current yield to maturity of 12 percent? Use $1,000 as the face value. (LG 3-6)
What is the duration of a two-year zero-coupon bond that is yielding 11.5 percent? Use $1,000 as the face value.
Given these answers, how does duration differ from maturity?

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