7. A sports equipment company issued a $6 cumulative preferred stock issue. In 2010 the firm's board of directors voted to omit dividends for both the company's common and preferred stock issues. Also, assume that the corporation's board of directors votes to pay dividends in 2011. How much did the preferred shareholders receive in 2011? (2 marks) 8. a. What is the annual interest amount for a $2,000 bond that pays 7.5 percent interests? (2 marks) b. Assume you purchased a corporate bond at its current market price of $850 on January 1, 2005. It pays 8.5 percent interest, and it will mature on December 31, 2014, at which time the corporation will pay you the face value of $1,000. Determine the current yield on your bond investment at the time of purchase. (2 marks) ii. Determine the expected yield to maturity on your bond investment at time of purchase. (3 marks) 9. Given the following information: Total assets Total liabilities $ 360,000,000 18,000,000 28,000,000 Total number of shares Calculate the net asset value (per share) for the New Empire small-cap mutual fund. (3 marks) 10. Mary Canfield purchased the All-Canadian Compound bond fund. While this fund doesn't charge a front-end load, it does charge a contingent deferred sales load of 3 percent: for in the first five years. If Mary withdraws $11,800 during the second year, how much is the any withdrawals contingent deferred sales load? (2 marks)