16. A bond has a face value of $1000 and four years to maturity. This bond has a coupon rate of 8 percent and is selling in the market today for $922. Coupon payments are made annually on this bond. What is the yield to maturity (YTM) for this bond? A. 12.99% B. 12.75% C. 15.99% D. 11.45% E. 10.49% 17. Suppose a bank is expected to pay an annual dividend of $4 per share on its stock in the current period and dividends are expected to grow 5 percent a year every year, and the minimum required return-to-equity capital based on the bank's perceived level of risk is 10 percent. What is the current value of the bank's stock based on the dividend discount model? A. $84,00 B. $80.00 C. $44.00 D. $40.00