23. Assume that shortly after you bought the bond, (a three-year bond with a $1,000 face value, a 6% coupon (paid annually) and an 8% yield to maturity), market yields fall to 5%. If you hold the bond to maturity and market yields remain at 5% until then, what yield will you actually realize on your bond investment? a. 8.0% b. 7.83%. c. 7.25% d. It is impossible to calculate the answer to this question. 24. Global Eastern's common stock is expected to pay a dividend of $2.00 at the end of the year. The dividend is expected to grow at 4% per year. If investors require a return of 14% to hold Global's common shares, what is a fair market price for Global common stock? a. $20.00 b. $20.80 c. $21.40 d. $22.55. 25. The Gator Corporation just paid a quarterly preferred share dividend of $0.25. If this dividend is paid 4 times a year and investors require a 10% annual return (compounded quarterly) to hold Gator preferred stock, what price would you expect the shares to trade at in the market. a. S10.00 b. $ 2.50 c. $ 5.00 d. The correct answer is not provided