-Compute the yield to maturity of a bond that sells for 974 and matures is 1 year. The coupon rate is 10% paid annually and the bonds maturity value is 1000. Record your answer as a decimal, accurate to 4 places after the decimal.

-What is the cost of new equity assuming the firm's stock price is currently selling for $10 and will pay a dividend of $2 next year. The firm expects constant growth of 7.73% and floatation costs associated with the new equity issue of 20%. Write your answer as a decimal.