a)Symon's Suppers Co. has announced that it will pay a dividend of $4.33 per share one year from today. Additionally, the company expects to increase its dividend by 4.5 percent annually. The required return on the company's stock is 11.1 percent. What is the current share price?

$65.61

$61.70

$68.56

$62.33

$39.01

b)Stoneheart Group is expected to pay a dividend of $3.09 next year. The company's dividend growth rate is expected to be 4.3 percent indefinitely and investors require a return of 11.3 percent on the company's stock. What is the stock price?

$46.04

$44.14

$41.94

$27.35

$39.73

c)The Lo Sun Corporation offers a 6.1 percent bond with a current market price of $781.50. The yield to maturity is 8.43 percent. The face value is $1,000. Interest is paid semiannually. How many years until this bond matures? 37.86 years9.47 years25.62 years36.33 years18.93 years