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Each quarter, a company pays a dividend on its perpetual preference share. Today, the share is selling at $19.59. If the required rate of return

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Each quarter, a company pays a dividend on its perpetual preference share. Today, the share is selling at $19.59. If the required rate of return for such shares is 11.8 percent p.a. compounding quarterly, what is the quarterly dividend paid by this company? (to the nearest cent; don't include $ sign) Answer: What is the value (to the nearest cent) of a 9 year 4.8% coupon bond with a face value of $1,000. The yield-to-maturity on the bond is 13.2% and the bond makes semi-annual coupon payments. O a. $327.63 O b. $572.13 O c. $565.04 O d. $4491.19

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