1) RockneInc. is planning to fund a project by issuing 10-year zero bonds with a face value of $1,000 Assuming semiannual compounding of interest, what will be the price of these bonds if the appropriate discount rate is 8 percent(Round your answer to the nearest dollar.)

a) 258

b)419

C)456

d)463

2. A communications company pays annual dividends of $5 with no possibility of it changing in the next several years the firm's stock is currently selling at $45, what is the required rate of return? (Round to nearest percent.)