4. XYZ Corporation issued 10-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments. If the YTM on these bonds is 7 percent, what is the current bond price? 5. Ponzi Corporation has bonds on the market with 14.5 years to maturity, a YTM of 6.1 percent, and a current price of $1,038. The bonds make semiannual payments. What must the coupon rate be on these bonds? 6. Suppose TX Inc. is expected to pay a $8 dividend in one year. If the dividend is expected to grow at 10% per year and the required return is 15%, what is the price? 7. Suppose a firm is expected to increase dividends by 10% in one year and by 20% in two years. After that, dividends will be increase at a rate of 6% per year indefinitely. If the last dividend was $2 and the required return is 12%, what is the price of the stock? 8. Suppose a company had earnings per share of $12 over the past year. The industry average PE rate is 20. Use this information to value this company's stock price