1. The market price of a bond is $1,119.90, it has 4 years to maturity, a $1,000 face value, and pays an annual coupon of $100. What is the yield to maturity? a. 3.27% b. 6.50% c. 6.54% d. 10.00% e. None of the above

2. Value of a common stock does not directly depend on a. The discount rate b. The size of the common stock dividend payment c. The growth rate in common stock dividend payments d. The maturity date of the common stock e. Value of common stock depends on all of the above