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1 7 . Financial analysts forecast Valerie Inc, growth for the future to be 1 1 percent. Their recent dividend was $ 0 . 4

17. Financial analysts forecast Valerie Inc, growth for the future to be 11 percent. Their recent dividend was $0.44. What is the value of their stock when the required rate of return is 12.18 percent?
18. A 6.5 percent coupon bond with 15 years left to maturity is offered for sale at $934.12. What yield to maturity is the bond offering? (Assume interest payments are paid semiannually and par value is $1,000.)

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