$($a$)$ According to the characteristics of bonds A to D$,$ explain and name the bonds A to D$.(8$ marks$)$

$($b$)$ Suppose the yield to maturity of bond D is $3\mathrm{.}5\%$ and face value equals to $$1,000,$ calculate the current market price of bond D$.$ Please round the answer and intermediate results to $4$ decimal places $(5$ marks$)$

Question $2(10$ marks$)$

You are analysing a US listed company, Countless Co$.$ and you find that Countless has issued both bond and stocks $2$ years ago.

$($a$)$ Explain TWO differences between issuances of bond and stock in raising capital on both the company and the investors. $(4$ marks$)$

$($b$)$ Suppose Countless Co$.$ is expected to increase dividends by $25\%$ in year one and by $20\%$ in year two. After that, dividends will increase at a rate of $6\%$ per year indefinitely. If the last dividend $($just paid$)$ was $$9$ and the required return is $15\%,$ Calculate the price of the Countless Co$.(6$ marks$)$