ABC Inc. just issued a twenty-year semi-annual coupon bond at a price of $1,202.42. The face value of the bond is $1,000, and the market interest rate is 9%. What is the annual coupon rate?

Happy Feet Inc. dividends are expected to grow at 30% for the next 3 years, with the growth rate falling off to 6% thereafter. If the required return is 11% and the company just paid a $2 dividend. What is the current stock price?