1- Wilton's Market just announced its next annual dividend will be $1.62 a share with future dividends increasing by 2.2 percent annually. How much will one share of this stock be worth 6 years from now if the required return is 12.5 percent?

2-Gugenheim offers 12-year coupon bonds with semiannual payments. The yield to maturity is 6.23 percent, and the bonds sell at 101 percent of par. What is the coupon rate?