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Assume a par value of $1,000. Caspian Sea plans to issue a 12.00 year, annual pay bond that has a coupon rate of 8.02%. If

Assume a par value of $1,000. Caspian Sea plans to issue a 12.00 year, annual pay bond that has a coupon rate of 8.02%. If the yield to maturity for the bond is 7.73%, what will the price of the bond be?

A stock just paid a dividend of $1.78. The dividend is expected to grow at 24.47% for two years and then grow at 3.47% thereafter. The required return on the stock is 14.06%. What is the value of the stock?

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