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3 Question 29 (1 point) A few days ago GM issued a bond at par with a $1,000 Face Value and a 3% coupon rate.

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3 Question 29 (1 point) A few days ago GM issued a bond at par with a $1,000 Face Value and a 3% coupon rate. The price just went up on the bond to $1,100. After this price increase, what is the YTM? 6 Greater than 3% Less than 3% Exactly 3% Question 30 (1 point) Last year, Gerald's had an EPS of $2.00 and EBITDA of $200mm. A comparable competitor, Harold's has an EV/EBITDA of 8.0x. If Gerald's has net debt of $400mm, what should the market cap of Gerald's be? $1,200mm $1,600mm $800mm $2,000mm Question 31 (1 point) Preferred Stock is like because it stands behind/below debtholders in the capital structure but has a constant payment amount like Common Stock: Debt Debt; Common Stock MacBook Pro

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