9 Revision Questions 1. What is the value of a bond with 6% semi annual coupons and YTM of 5% and 8 years to maturity? 2. What is the value of a zero coupon bond with YTM of 8% and 5 years to maturity? 3. What is the value of a share that has been paying $2 dividends with no growth prospects, and a required rate of return of 10%? 4. What is the value of a share that has just paid a dividend of $1, growing at 5% and a required rate of return of 10%? 5. What is the value of the share in Q4 in 3 years' time? 49