3. A $10,000 face value treasury bond is quoted at a price of 101.6533 with a current yield of 4.87%. What's the coupon rate? a. 4.48% b. 5.41% c. 4.95% d. 5.20% e. 4.27% 4. Sunset sales has 6.8% coupon bonds on the market with 11 years left to maturity. The bond makes semiannual payments & currently sell for 98.6% of par. What is the effect annual yield? a. 156. 257% b.7.19% c. 7.11% d 7.07% e. 7.33% 5. Wheelers has bonds on the market with 13 years to maturity, a YTM of 7.6% & a current price of $ 901.98. The bonds make semiannual payments & have a face value of $1000. What's the coupon rate? a. 6.60% b. 6.67% c. 6.50% d. 6.40% e. 6.33% 6. AOK preferred stocks pay annual dividend of $6.50. What's the current price of this stock at a discount rate of 8.9%? a. $65.48 b. $78.25 c. $67.50 d. $57.85 e. $73.03 7. The current dividend yield on CJ's common stock is 1.89%. The company just paid an annual dividend of $1.56 & annual plans to pay $1.70 next year. The dividend growth rate is expected to remain constant at the current level. What's the required rate of return on this stock? a. 13.39% b. 12.75% c. 15.82% d. 10.86% e. 9.08% 8. How much are you willing to pay one share of LBM stock if the company just paid an annual dividend of $2.24, the dividends increase by 2.3% annually & you require a return of 14.8%? a. $18.33 b. $18.21 c. $19.29 d. $19.33 e. $17.59 9. Timber Co. paid its annual dividend of $3.82 & expects to reduce this payout by 6% each year indefinitely. What's the per share value of this stock if you require a return of 14.5%? a. $42.24 b. $17.52 c. $39.15 d. $34.79 e. $18.27 10. Kay's Sewing loft is going to reduce its annual dividend by 10% a year for the next 2 years. After that, it will maintain a constant dividend of $2 a shar. Last year the company paid an annual dividend of $3 per share. What's the market value of this stock if the return is 13%? a. $14.63 b.$15.84 c. $15.08 d. $14.19 e. $15.55