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Both Bond Sam and Bond Dave have 6 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 3 years to

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Both Bond Sam and Bond Dave have 6 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has 3 years to maturity, whereas Bond Dave has 17 years to maturity. (Do not round your intermediate calculations.) Requirement 1: (a)If interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Sam? (Click to select) (b)lf interest rates suddenly rise by 3 percent, what is the percentage change in the price of Bond Dave? (Click to select) Requirement 2: (a)lf rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Sam be then? (Click to select) (b)lf rates were to suddenly fall by 3 percent instead, what would the percentage change in the price of Bond Dave be then? (Click to select) Marcel Co. is growing quickly. Dividends are expected to grow at a 22 percent rate for the next 3 years, with the growth rate falling off to a constant 6 percent thereafter. Required: If the required return is 10 percent and the company just paid a $2.70 dividend. what is the current share price? (Do not round your intermediate calculations.) A project that provides annual cash flows of $2,700 for 7 years costs $10,500 today. Required: (a)If the required return is 8 percent, what is the NPV for this project? (Click to select) (b)Determine the IRR for this project. (Click to select)

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