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A corporate bond with a 5 percent coupon has 10 years left to maturity. It has a credit rating of BBB and a yield to

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A corporate bond with a 5 percent coupon has 10 years left to maturity. It has a credit rating of BBB and a yield to maturity of 8.0 percent. Recently, the firm has gotten into some trouble and the rating agency is downgrading the firm's bonds to BB. The new appropriate discount rate will be 9 percent. What will be the change in the bond's price, in dollars? Assume interest payments are paid semi-annually and par value is $1,000. (Round your answer to the nearest integer. Do not include a dollar sign. If the price decreases, use a negative "-" sign. If the price increases, use a "+" sign.) A firm is expected to pay a dividend of $5.00 next year and $5.75 the following year. Financial analysts believe the stock will be at their price target of $175 in two years. Compute the value of the stock with a required return of 19%. (Round your answer to 2 decimal places. Do not include a dollar sign.)

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