11. An Investment account pays Interest with an Eortive Anal Rate (EAR) of 6% What is the Annual Percentage Rate (APR) for this rate based on monthly compounding? (solve algebraically 12. The current zero-coupon yield curve for risk-free bonds is as follows: Maturity (years) YTM 5.00% 5.50% 5.75% 595% 6,05% What is the price per $100 of par for a two-year, zero-coupon, risk-free bond? 13. A BBB-rated corporate bond has a yield to maturity of 8.2% AUS Treasury security has a yield to maturity of 6.5%. These yields are quoted as APRs but are compounded semiannually. Both bonds pay semiannual coupons of 7% APR and have five years to maturity. A) What is the price (expressed as a percentage of face value) of the treasury bond? B) What is the price (expressed as a percentage of face value) of the BBB-rated corporate bond? C) What is the credit spread on the BBB bonds? (show calculations or no credit) 14. Big Box Co. expects earnings next year of $4 per share and has an earnings retention rate of 40%, which it plans to keep constant. Its equity cost of capital is 10%, which is also its expected return on new investment. Its earnings are expected to grow forever at a rate of 4% per year. Its next dividend is due in one year, what do you estimate the firm's current stock price to be? per year. Its noturn on ne went stock price to be