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5. Yield to Maturity and Current Yield You just purchased a bond that matures in 4 years. The bond has a face value of

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5. Yield to Maturity and Current Yield You just purchased a bond that matures in 4 years. The bond has a face value of $1,000 and a 9% annual coupon. The bond has a current yield of 7.63%. What is the bond's yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. 6 Boehm Incorporated is expected to pay a $1.20 per share dividend at the end of this year (i.e., D = $1.20). The dividend is expected to grow at a constant rate of 4% a year. The required rate of return on the stock, rs, is 9%. What is the estimated value per share of Boehm's stock? Do not round intermediate calculations. Round your answer to the nearest cent.

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