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1. Fubbler company offers a 7% coupon bond with semi-annual payments and a yield to maturity of 10 . 68%. The bonds mature in 16
1. Fubbler company offers a 7% coupon bond with semi-annual payments and a yield to maturity of 10.68%. The bonds mature in 16 years. What is the market price per bond if the face value is $1,000?
2..Alexa have decided you would like to own some shares of the POP company and Alexa required rate of return is 16%. What is the maximum Alexa is willing to spend per share to buy this stock if the company pays a constant $7.15 annual dividend per share?
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