1-Calculate the value of a bond that mature in 3 years and has a $1,000 face value. The coupon interest rate is 9% and the investors required rate of return is 15%.

2-XYZ Company has preferred stock that pays a dividend of $7.5. The preferred sells for $50 a share. What is the stocks required rate of return?

3-The expected return for XYZ Companys Stock is 15%, its beta is 1.2. If you know that the risk free rate is 9% and market return is 13%, would you buy the stock? Why?