7. What is the approximate yield to maturity for a $1000 par value bond selling for $965 that matures in 16 years and pays 11 percent coupon interest annually? a. 13.85 percent b. 12.21 percent c. 11.49 percent d. 10.78 percent e. 9.13 percent Steve the investor buys a share of Organic Chips Corp. common stock for $39 and sells it for $29 in one year. The share paid a dividend during the period of $4.00. What is the rate of return on this stock? 35.90% 15.38% -15.38% d. -35.90% 13. a. b. c. 14. a. SpaceTrips, Inc. common stock has just paid a dividend of $ 2.40. If the expected constant growth rate for this stock is 17 percent, and if investors require a 19.5 percent rate of retum (W), what is the price of the stock? $11.33 b. $12.47 $112.40 d. $143.33 $157.50 c. e. 1. If the market interest rate (ra) for a bond is a. less than the bond's coupon rate, the bond will sell at a premium. b. greater than the bond's coupon rate, the bond will sell at a premium. c. less than the bond's coupon rate, the bond will sell at a discount. d. Equal to the bond's coupon rate, the bond will sell at a discount