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Dividends of Occidental Petroleum are currently $16.00 per share, having grown at a 14.30 percent compound annual rate over the past 15 years. That growth

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Dividends of Occidental Petroleum are currently $16.00 per share, having grown at a 14.30 percent compound annual rate over the past 15 years. That growth rate is expected to be maintained for the next 3 years, after which dividends are expected to grow at half that rate for 2 years. Beyond that time, Occidental Petroleum's dividends are expected to grow at 4.60 percent per year. What is the current value of a share of Occidental Petroleum's common stock if your required rate of return is 26% ? $96.07 $125.17 $154.20 $88.95 Question 5 (4 points) ConocoPhillips Inc. issued an 22-year bond which is callable in 13 years. It has a coupon rate of 8.875% payable semiannually, has a call premium of $195, and is currently selling for $730. What is the yield to call? (The face value of the bond is \$1000.) 14.01% 13.29% 12.55% 12.73%

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