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Assume M = 1000, P=900, n=20, coupon rate=9%, the approximate YTM is equal to a. 9% b. 10% c. 9.5% d. none of the above
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Assume M = 1000, P=900, n=20, coupon rate=9%, the approximate YTM is equal to
a. 9%
b. 10%
c. 9.5%
d. none of the above
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The expected dividend for a common stock on year from now is $3, constant growth rate of dividend is 9%, and discount rate is 14%, the value of the common stock is
a. $17
b. $45
c. $60
d. none of the above
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