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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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