Fifteen years ago, Namson and Co. issued 25-year coupon bonds. The yield to maturity at the time of issuance was 10 percent and the bonds sold at 120% of par value. The bonds are currently selling at 85% of par value. What is the current yield to maturity for these bonds? [Assume that the coupon is paid annually). (Round your answer to 2 decimal places and record as a percent but without a percent sign. For example, record 18.3893 1.83 % as 18.39). Pharsalus Inc, just paid a dividend (i.e., DC) of $3.51 per share. This dividend is expected to grow at a rate of 8.4 percent per year forever. The appropriate discount rate for Pharsalus's stock is 11.5 percent. What is the price of the stock? (Round your answer to 2 decimal places and record your answer without dollar sign or commas)