#1.24- The market price of a semi-annual pay bond is $968.85. It has 17.00 years to maturity and a coupon rate of 6.00%. Par value is $1,000. What is the effective annual yield?

#2.27 The market price of a stock is $23.56 and it just paid a dividend of $1.88. The required rate of return is 11.58%. What is the expected growth rate of the dividend?

#3.27 A stock just paid a dividend of $2.75. The dividend is expected to grow at 20.48% for three years and then grow at 4.50% thereafter. The required return on the stock is 13.09%. What is the value of the stock?