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#36 The risk-free rate is 2.96% and the market risk premium is 8.52%. A stock with a of 0.98 just paid a dividend of $2.49.

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#36 The risk-free rate is 2.96% and the market risk premium is 8.52%. A stock with a of 0.98 just paid a dividend of $2.49. The dividend is expected to grow at 24.79% for three years and then grow at 4.56% forever. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. #37 The market price of a semi-annual pay bond is $988.28. It has 24.00 years to maturity and a yield to maturity of 7.22%. What is the coupon rate? Submit Answer format: Percentage Round to: 0 decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))

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