14. ABC Company bonds, with current yield 12%, will mature after 10 years. The coupon rate of these bonds is 10%. Calculate their market price and the yield to maturity. What should the price of the stock be if it pays dividend of $1 and the dividend will grow at a rate 5% thereafter and the required return 10%? A stock sells for $18, it pays a dividend of $1, and the dividends compound annually at 6 percent. The required rate of return is 12 percent. What should the price of the stock be? Is it good to buy the stock? You are considering a stock A that pays a dividend of $1. If A is selling for $10 a share, is it a good buy if you expect earnings and dividends to grow at 6%