10 What is the YTM of a $1,000 par value bond with a 10% coupon rate, semi-annual coupon payments, and 9 years to maturity if the bond currently sells for $1,281.52? 2.96% 5.92% 10.00% 11.84% None of the above West Texas Communications Inc. just paid a dividend of $2.16. The dividend is expected to grow at a rate of 3.5%. If your required rate of return on the stock is 8.0% and the stock is currently priced at $49.20, should you buy or sell? You should buy it: it is overvalued by $0.48. You should buy it: it is undervalued by $0.48. You should sell it: it is undervalued by $1.20. You should sell it: it is overvalued by $1.20. You should sell it it is overvalued by $0.48