A pharmaceutical firm just issued financial statement showing last year it generated EPS at $2.6 per share. Its stock is trading at $520 in the market. Pharmaceutical industry as whole is trading at P/E of 50, is this stock overvalued, undervalued, or fair valued, based on the industry multiple alone? Fair valued Overvalued Undervalued A bond is priced at $1200, with coupon rate at 6%, paid semi-annually, term to maturity of 5 years, face value at $1000. What is the yield to maturity? 0.9% 3% 2.4% 1.8%