Consider a coupon bond that is currently selling for $976.12. The bond pays a semi-annual coupon based upon a rate of 6.5%. The bond has 4 years left until maturity and has a face value of $1,000. What is the current yield-to-maturity (YTM)? 8.24% b. 3.60% c. 6.50% d. 7.20% a. Consider a share of stock that has made the following dividend payments over the past five years and plans to continue to continue this pattern forever after: Year-4 $2.00; Year-3 $2.12; Year-2 $2.247; Year-1 $2.382; Year o $2.525. If the required rate of return is 9%, what is the expected price at Time 5 according to the dividend growth model? $89 b. $105 c. $119 d. $125 a. a. Which of the following is a FALSE statement regarding relevant cash flows? If the cash flow will occur regardless of your accept/reject decision, it is irrelevant. b. An incremental cash flow is one that will change based upon your accept/reject decision. c. Depreciation is an irrelevant cash flow because it is a noncash expense. d. Taxes are relevant cash flows to be considered at the project level. a