A 1000 par value 2 year bond is priced at $1,050 and pays an annual dividend of 6%. Calculate the market yield.

ABC Company has a price of $30 while the industry ETF has a price of 90. Earnings per share is $3 and $10 respectively. Assume ABC growth is in line with its industry peers. Comment on the pricing/value of ABC.

Assume that a preference share with a face value of 10 pays a 6% dividend annually. An investor required a 9% return for preference shares to compensate for the higher risk. Calculate the expected value of the preference shares