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1 points The price of a share with a constant dividend of $1.94, if the growth rate is zero and the required rate of return
1 points The price of a share with a constant dividend of $1.94, if the growth rate is zero and the required rate of return is 6.4 per cent per annum is : (two decimal places) uestion 50 1 points Parramatta Enterprises (PE) has recently issued \$20 million in floating rate notes in order to fund the next stage of an investment project. The notes pay an annual coupon of BBSW plus 140 basis points. The company approaches Commonwealth Bank (CBA) to establish an intermediated vanilla swap. The swap contract sets a fixed rate of 7.30 per cent per annum and a reference rate of the 12 -month BBSW. At the first interest payment date, the BBSW is 7.75 per cent per annum. How much is PE required to pay CBA at the first interest payment date? (two decimal places, a negative number indicates that PE receives the payment)
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