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1-Unique Stores common stock pays a constant annual dividend of $2 a share. What is the value of this stock at a discount rate of

1-Unique Stores common stock pays a constant annual dividend of $2 a share. What is the value of this stock at a discount rate of 12 percent?

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A Co. just announced that it will pay a dividend next year of $1.80. The company will then increase its dividend by 12 percent per year for two years after which it will maintain a constant 2 percent dividend growth rate. What is one share worth today at a required rate of return of 14 percent?

3-You are offered a bond with semiannual payments and a coupon rate of 5 percent. The yield to maturity is 5.62 percent and the maturity date is 9 years away. What is the market price of one $1,000 face value bond?

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