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a) Radoski Corporation's bonds make an annual coupon interest payment of 8.55% every year. The bonds have a par value of $1,000, a current price
a) Radoski Corporation's bonds make an annual coupon interest payment of 8.55% every year. The bonds have a par value of $1,000, a current price of $920, and mature in 12 years. What is the yield to maturity on these bonds?
a. | 6.88% | |
b. | 8.39% | |
c. | 7.30% | |
d. | 9.71% | |
e. | 10.06% |
b) Goode Inc.'s stock has a required rate of return of 8.50%, and it sells for $29.00 per share. Goode's dividend is expected to grow at a constant rate of 7.00%. What was the last dividend, D 0?
a. | $1.28 | |
b. | $1.55 | |
c. | $0.41 | |
d. | $0.83 | |
e. | $0.28 |
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