a$)$ The equity shares of Cyberdyne Plc have a beta value of $0\mathrm{.}90.$ The risk$-$free rate of return

is $5\%$ and the market risk premium is $3\%.$ Corporation tax is $19\%.$

Calculate the required rate of return on the shares of Cyberdyne Plc and explain the impact

of beta on the shares of the company.

b$)$ Outline five benefits$/$advantages that a Stock Exchange listing could offer a company.

c$)$ Calculate the Yield to Maturity $($YTM$)$ of a $100$ nominal value irredeemable bond with a

coupon rate of $7\%$ and a market value of $105.$

d$)$ A $10-$year corporate bond has $6$ years remaining until redemption. The par value is

$100$ and it pays a $4\%$ coupon on an annual basis. The yield to maturity is $8\%.$

Using the above information, calculate the market price of the bond.