25- A firm's stock has a required return of 10%. The stock's dividend yield is 4%. What dividend did the firm just pay if the current stock price is $48? A) $1.81 B) $1.96 C) $2.31 D) $2.63 E) $2.95 26- If investors are uncertain that a corporate bond issuer will make all of the bond payments as promised, the investors will demand a higher yield in the form of A) an increased liquidity risk premium I B) an increased interest rate risk premium C) an increased inflation premium D) an increased default risk premium E) none of the above 27- A stripped bond A) sells at a deep discount from face value B) is best held in tax free or tax deferred accounts C) increases in value as it gets closer to maturity D) pays no coupons payments E) all of the above 28- If a firm is allowed to miss a payment on a bond in a year in which it reports an operating loss, the bond is likely alan bond. A) convertible B) zero coupon C) income D) callable E) none of the above