A two-year bond has a coupon yield of 8% and a yield to maturity of 10%. The bond pays coupons annually and the face value is $1,000. What is the modified duration (volatility) for the bond? 1.25% 1.95% 2.50% 1.75% Company Z's earnings and dividends per share are expected to grow indefinitely by 2% a year. If next year's dividend is $8 and the market capitalization rate is 11%, what is the current stock price? $80.0 5133.3 $88.9 $72.2 Donuts Delite just paid an annual dividend of $1.10 a share. The firm expects to increase this dividend by 8 percent per year the following three years and then reduce the dividend growth to 2 percent annually thereafter. What is the expected dividend of Donuts Delite for year 5 ? $1.44 $1.61 $1.21 $1.78