Compute the following: homework help

Each of the 5 following questions/problems is worth 9 points. Be sure to show your calculations. The essay questions may be answered in bullets. 1) George buys a bond for $1,050. The bond pays $70 annual coupon interest. He holds it for 4 years, and reinvests each coupon at 6% and after 4 years he sells the bond for $1,100. What is the realized yield or total return on the bond? 2) Laser Industries expects to pay dividends of $4.00 at the end of year 1 and $5.00 at the end of year 2. Beginning in year 3 the dividend is expected to grow at 5% out to infinity. If the stock has a required rate of return of 10%, what is the stock's intrinsic value or price you would be willing to pay today