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A bond with 5 years to maturity is selling for $833.00 and has a yield to maturity of 5.4% percent. If this bond pays its

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A bond with 5 years to maturity is selling for $833.00 and has a yield to maturity of 5.4% percent. If this bond pays its coupon payments annually and par value is $1,000, what is the bond's annual coupon rate? Hint: Known N, i, PV, and FV, find PMT. Express it as a percentage of $1000 (par value). 1.50% 1.82% 1.45% 1.66% If a preferred stock from ADY Corp. pays $5.15 in annual dividends, and the required return on the preferred stock is 10 percent, what's the current value of the stock? $51.5 $55.00 $54.08 $5.15

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