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6. What is the current price of a stock that just paid a $4 dividend which will grow annually at 5% if investors want a

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6. What is the current price of a stock that just paid a $4 dividend which will grow annually at 5% if investors want a 14% return and the company quits business in 30 years? (5) 7. What is the bond-equivalent-yield of a T-bill with a $10,000 par value, a $9250 price and a 100 -day maturity? (5) 8. What is the current price of a bond with a 6% yield-to-maturity, a 5% coupon rate, a $1000 par value and a 10 -year maturity? Assume annual coupons

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