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1. If the market interest rate ( for a bond is a. less than the bond's coupon rate, the bond will sell at a premium.

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1. If the market interest rate ( for a bond is a. less than the bond's coupon rate, the bond will sell at a premium. b. greater than the bond's coupon rate, the bond will sell at a premium. c. less than the bond's coupon rate, the bond will sell at a discount. d. Equal to the bond's coupon rate, the bond will sell at a discount. 13. Steve the investor buys a share of Organic Chips Corp. common stock for $39 and sells it for $29 in one year. The share paid a dividend during the period of $4.00. What is the rate of return on this stock? 35.90% b. 15.38% -15.38% d. -35.90% a. I c. 14. a. SpaceTrins, Inc. common stock has just paid a dividend of $ 2.40. If the expected constant growth rate for this stock is 17 percent, and if investors require a 19.5 percent rate of return (w), what is the price of the stock? $11.33 b. $12.47 $112.40 d. $143.33 $157.50 C

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