1.What is the value of a share of preferred stock that pays a $9.50 dividend, assume k is 12%. 2. A $1,000 corporate bond with 10 years to maturity pays a coupon of 8% (semi-annual) and the market required rate of return is a) 7.2% and b) 10%. What is the current selling price for a) and b)? 3.A $1,000 corporate bond with 20 years to maturity pays a coupon of 7% (semi-annual) and the market required rate of return is a) 6.6% b) 13%. What is the current selling price for a) and b)? 4. The following information refers to a six-month call option on the stock of XYZ, Inc. Price of the underlying stock: $50. Strike price of the three-month call: $45. Market price of the option: $10. a) What is the intrinsic value of the option? b) What is the options time premium at this price? 5.A U.S. Government bond with a face amount of $10,000 with 8 years to maturity is yielding 3.5%. What is the current selling price