1.

What is the YTM of a four-year semi-annual pay bond with a par value of $1,000 and a 4 percent coupon rate when the bond is priced at $932.35?

		2.96%
		5.95%
		11.90%
		5.92%

2.

What is the stock price if you expect it will pay a dividend of $4 each year and will sell for the price of $58 two years from now? The expected rate of return for the stock is 13 percent.

		$49.59
		$60.50
		$52.09
		$55.50

3.

What is the YTM of a four-year annual pay bond with a par value of $1,000 and a quarterly 4 percent coupon rate when the bond is priced at $932.35?

		4.00%
		11.90%
		5.95%
		5.91%

4.

What is the YTM of a twenty-year zero coupon bond which is currently selling for $340?

		5.85%
		5.68%
		5.54%
		5.75%