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Grand Adventure Properties offers a 9.5 percent coupon bond with annual payments. The yield to...

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Accounting

Grand Adventure Properties offers a 9.5 percent coupon bond with annual payments. The yield to maturity is 11.2 percent and the bond matures 10 years from today. What the market price of this bond if the face value is $1,000?
900.72
913.14
896.67
895.43
906.6
2 points
The expected return on JK stock is 15.80 percent while the expected return on the market is 11.34 percent. The stock's beta is 1.50. What is the risk-free rate of return?
2.22 percent
2.63 percent
2.31 percent
2.50 percent
2.42 percent
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