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A company's bonds have a $1,000 par value, and mature in 15 years. Their nominal yield to maturity is 12.50%, they pay interest semiannually, and
A company's bonds have a $1,000 par value, and mature in 15 years. Their nominal yield to maturity is 12.50%, they pay interest semiannually, and currently they sell at a price of $925. What is the bond's nominal coupon rate?
O 9.50%
O 12.32%
O 10.44%
O 8.55%
O 11.38%
A company's stock price is currently $52.50. This company is expected to grow at the constant rate of 4% for long time. If the investors' required return is 12% what will be this company's price in 5 years? O 59.01
O 43.19
O 55.36
O 46.84
O 63.87
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