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ECOFINANCE if a $10,000 face value discount bond maturing in one year is selling for $8,000, then its yield to maturity is? Watson thinks that

ECOFINANCE

if a $10,000 face value discount bond maturing in one year is selling for $8,000, then its yield to maturity is?

Watson thinks that TNT corporations dividends will grow 3% on average into the future. If the company's last dividend payment was $3, what should be the current price of the stock assuming a 10% required return?

A. 44.14

B. 40.13

C. 30.13

D. 80.25

E. None

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