A). The par value of 25-year 11% bond of SRT Ltd is $4,000. The bond has a remaining life of 7 years and the coupon is paid semi-annually. The current market yield for a similar risky bond is 14.01%. What would be the expected market price for this bond? Round your answers to 2 decimal points. (1 MARK)

B). The market expects 11.8 percent returns from the ordinary shares of GRT Ltd, which has just declared a dividend of $4.61 per share. It is anticipated that the earnings and dividends of GRT Ltd share will grow at 18 percent for the next 4 years before settling down to a constant 6.3% growth rate. What price is expected for GRT share by the investors? Round your answer to 2 decimal points only at last step of calculation. (2 MARKS)

C). A Limited's bonds bearing a coupon of 12%, pay coupons semi-annually, have three years remaining to maturity, and are currently priced at $940 per bond. What is the yield to maturity? Round your answer to 2 decimal points. (2 MARKS)