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5 . 4 A Telkom company bond carries an 8 % coupon, paid semi - annually. The par value is R 1 0 0 0
A Telkom company bond carries an coupon, paid semiannually. The par value is R and the bond matures in six years. If the bond currently sells for R what is its yield to maturity?
Abbey Fish Company will pay a R per share dividend next year. The company pledges to increase its dividend by per year indefinitely. If you require a return on your investment, how much will you pay for the company's shares today?
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