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4 . Nike has a dividend yield of . 9 4 % and pays a quarterly dividend. You own $ 8 , 0 0 0

4. Nike has a dividend yield of .94% and pays a quarterly dividend. You own $8,000 dollars of shares of Nike. Calculate the dividend you would receive for owning Nike stock. Show your work.
5. Calculate the dividend you would receive, if Nike decided to distribute a monthly dividend. Show your work.
6. You want to invest in Under Armor but their dividend yield is not shown. They pay annual dividends of $.90 per share and currently trade at $11.50 price per share. What is their dividend yield?
7. Consider the present value on the issue date of a 3-year bond with par value $3,000, a coupon rate 5%, and a discount rate of 3%. Calculate the present value of the bond. Show your work.

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