A bond with 1000 face value and 22.5 semiannual coupon payment is currently being priced at $985. What is the bond's coupon rate?

- 2.25%

-2.28%

-4.57%

2) If a stock has a constant annual dividend of $5 and you require a rate of return of 10% per year, what would you be willing to pay for the stock?

-$0.50

-$5.50

-$6.00

$50.00

A higher yield corporare bond has $1000 face value with a market price of $988.45. The bond pays interest annually, matures in 5 years, and has yield to maturity of 6.75%. what is the current yield?

-6.55%

5.47%

6.13%

5.98%