4. Vino Corp had issued bonds bearing a coupon rate of 12%, paying coupons semi-annually. The bonds have 3 years remaining to maturity and are currently priced at $940 per bond. What is the yield to maturity for the bonds? Include two decimals in your answer

5. The price of a preferred stock is $42. It pays a dividend of $5. Calculate the required return. Include two decimals in your answer. COMPUTE RATE OF STOCK

ino Corp had issued bonds bearing a coupon rate of 12%, paying coupons semi-annually. The bonds have 3 years remaining to maturity and are currently priced at 940 per bond. What is the yield to maturity for the bonds? Include two decimals in your answer Note: Don't forget that RATEs are ALWAYS stated as yearly. When you adjust the formula for semi-annual compounding you will calculate a semi-annual rate. You will need to multiply your answer by 2