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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company

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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of 1,000, 20 years to maturity, and a coupon rate of 6.6 percent paid annually. If the yield to maturity is 77 percent, what is the current price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Price If the current dividend (D) is $3.00 and the growth rate is 6%. How much will the dividend be at Time 5? Multiple Choice $4.015 $4.501 $6.00 $6.015 $6.501 ABG Corporation has the following dividend forecasts for the next three years: Year 1 2 3 Expected Dividend $ .25 $50 $1.25 After the third year, the dividend will grow at a constant rate of 5% per year. The required return is 10%. What is the price of the stock today? Multiple Choice O $17.40 O $18.70 $21.30 $26.25 $27.50 Lohn Corporation is expected to pay the following dividends over the next four years: $18, $14, $10, and $5.50. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends forever. If the required return on the stock is 12 percent, what is the current share price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Current share price his

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