10)Langford Co. issued 14-year bonds a year ago at a coupon rate of 8.7%. The bonds make semiannual payments. If the YTM on these bonds is 7.0%, what is the current bond price?

12)Oak Bay Software has 10.6% coupon bonds on the market with 18 years to maturity. The bonds make semiannual payments and currently sell for 108.2% of par.

What is the effective annual yield?

13)Colwood Corp. has 8.5% coupon bonds making annual payments with a YTM of 7.7%, current market value of $1,058.60.

How many years do these bonds have left until they mature?

31) The Stopperside Wardrobe Co. just paid a dividend of $1.81 per share on its stock. The dividends are expected to grow at a constant rate of 7.8% per year indefinitely. If investors require an 12.8% return on The Stopperside Wardrobe Co. stock, answer the following:

What is the current price? , What will the price be in three years? and What will the price be in 15 years?