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3. What is the value of a 6-year, 4.4% coupon rate that pays interest semi-annually if its yield to maturity is 4%. a. $981.24 b.$1,021.15

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3. What is the value of a 6-year, 4.4% coupon rate that pays interest semi-annually if its yield to maturity is 4%. a. $981.24 b.$1,021.15 c.$1,026.95 11. A company earns $2.00 per share in 2012 and pays dividends 70% (0.70) in 2012. If the firm has ROE 30%, what is the expected dividend growth rate. a.0.21 b.0.09 c.2.09 d.0.08 17. Proxy fight: an attempt by a person or group to gain control of a firm by getting its stockholders to grant that person the authority to vote their shares to replace current management. a.FALSE TRUE 9. If the market interest rate is 10% and a bond paying a yearly interest payment of $50. What is the price of the bond? a. 800 b.450 c.600 d.500 24. Mike would like to deposit $3000 at the end of each year in an investment made by Baxxaud that earns 10%. Compounded annually determine how much Mike will have after 30 years? a. 394,482 b.403,482 C.482,403 d.493,482

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