DISCUSS QUESTION #2 The Nordic Corporation issued a new series of bonds on January 1, 2015. The bonds were sold at par value ($1,000), have 8% coupon, and mature in 20 years. Coupon payments are made annually The Nordic Corporation also has common stock. You believe the company will pay total dividends in 2018 of $1.42. Dividends for 2019 and 2020 will be $1.54 and $1.66, respectively. In addition you believe the price of stock at the end of 2020 will be $54.10 per share. The appropriate discount rate is 11%. PRIMARY POST: Question 2 1) What was the YTM of the bonds on January 1,2015? 2) What was the price of the bonds on January 1, 2017, assuming that interest rates fell to 5967 3) On January 1, 2018 the bonds sold for 1,166.13. What was the YTM on that date? 4) What is the value of the stock on January 1, 2018