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A six-year, semiannual coupon bond is selling for $991.38. The bond has a face value of $1,000 and a yield to maturity of 9.19 percent.

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A six-year, semiannual coupon bond is selling for $991.38. The bond has a face value of $1,000 and a yield to maturity of 9.19 percent. What is the coupon rate? A. 9.19 percent B. 9.00 percent C. 6.00 percent D. 4.60 percent E. 4.50 percent 1. Bilbo Baggins wants to save money for his retirement plan. He would like to be able to retire 30 years from now with a retirement income of $23,000 per month for 20 years, with the first payment received 30 years and 1 month from now. If he can earn an 11 percent effective annual rate (EAR) before and after he retires. (a) What is the annual percentage rate (APR)? (b) How much money must Bilbo Baggins have in his account in Years 30, so that he can afford the retirement? (c) If Bilbo Baggins begins to save in the end of this month, how much will be need to deposit each month in 30 years? 2. Assuming the following ratios are constant, Total asset turnover = 2.20 Profit margin = 7.40% Total debt ratio = 0.29 Payout ratio = 40% (a) What is equity multiplier? (b) What is the return on equity (ROE)? (c) What is the sustainable growth rate

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