Teh dividend on a common stock will be $3 in 1 year, $4.25 in 2...
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Finance
Teh dividend on a common stock will be $3 in 1 year, $4.25 in 2 years, and $6.00 in 3 years. You can sell the stock for $100 in 3 years. If you require a 12% return on you're investment, how much would you be willing to pay for a share of dis stock today?
Select one:
a. $77.24
b. $81.52
c. $75.45
d. $85.66
Q2:
A bond TEMPhas 6.5% coupon bonds on the par value wif 13 years remaining to maturity. The bonds make semiannual payments and currently sell for 97.9% of par. Wat is the TEMPeffective annual yield?
Select one:
a. 6.74%
b. 6.86%
c. 7.19%
d. 7.56%
Q3:
A semiannual-coupon bond TEMPhas remaining 13 years to maturity. It TEMPhas a YTM of 7.6% wif the current price of RM 901.98. The face value is RM 1,000. Wat is the stated coupon rate?
Select one:
a. 6.50 percent
b. 6.38 percent
c. 6.40 percent
d. 3.20 percent
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