A) Bennifer Jewelers recently issued ten-year bonds that make annual interest payments of $50. Suppose you purchased one of these bonds at par value when it was issued, then right away market interest rates jumped and the YTM on your bond rose to 6%. What happened to the price of your bond?

B) Argaiv Towers has outstanding an issue of preferred stock with a par value of $100. It pays an annual dividend equal to 8% of par value. If the required return on Argaiv preferred stock is 6%, and if Argaiv pays its next dividend in one year, what is the market price of the preferred stock today?

C) Suppose a preferred stock pays a quarterly dividend of $2 per share. The next dividend comes in exactly one-fourth of a year. If the price of the stock is $80, what is the effective annual rate of return that the stock offers investors?

D) Gail Dribble is analyzing the shares of Petscan Radiology. Petscan