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A Cool Corp. bond carries a 6 percent coupon, paid annually. The par value is $1,000 and the bond matures in ten years. If the
A Cool Corp. bond carries a 6 percent coupon, paid annually. The par value is $1,000 and the bond matures in ten years. If the bond currently sells for $1,268.40, what is its yield to maturity (YTM)? Plug and Play Inc. is in a declining industry at a rate of 12 percent per year indefinitely. If the discount rate is 14 percent and a $2.20 per share dividend is expected next year, what price do you forecast for the stock next year
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