g LUUL UIMULULU UULIUS III Lie Umeu sules mare coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of 2,500, 10 years to maturity, and a coupon rate of 7.2 percent paid annually. If the yield to maturity is 8.3 percent, what is the current price of the bond? (15 points) 4. Metallica Bearings, Inc., is a young company. No dividends will be paid on the stock over the next nine years, because the firm needs to plow back its earnings to fuel growth. The company will pay a dividend of $12 per share in 10 years and will increase the dividend by 5 percent per year thereafter. If the required return on this stock is 14 percent, what is the fair share price? (15 points)