1. O'Brien Ltd.'s outstanding bonds have a $1,000 par value, and they mature in 25 years. Their yield to maturity is 9.25%, they pay interest semiannually, and they sell at a price of $875. What is the bond's coupon interest rate?

2. Stocks X just paid a dividend of $1 and a has a dividend growth rate of 10 percent. If the required rate of return is 20 percent, what is the value of the stock in one year?

3. The price of Natter Corporations stock is $50. The stocks dividend is expected to grow at a constant rate of 8 percent, and it just paid a dividend of $2. What is the stock's expected rate of return?

4. Assume you think the expected rate of return is too low. What should you do?

Group of answer choices

Sell the stock if you own it.

Not enough information to say.

Do nothing

Buy the stock.

5. Assume a firm's WACC is 10 percent. Calculate the NPV for the following project if its cost was $8,000 and the annual expenditures and costs were:

Year 1	Year 2	Year 3	Year 4	Year 5
$3,000	$3,000	$3,000	$3,000	-$2,000

6. Calculate the IRR for the following project if its cost was $8,000 and the annual expenditures and costs were:

Year 1	Year 2	Year 3	Year 4	Year 5
$3,000	$3,000	$3,000	$3,000	-$2,000