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Gear, paid an annual dividend of $0.8 per share last year. The company has been reducing the dividends by 8 percent annually required rate of

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Gear, paid an annual dividend of $0.8 per share last year. The company has been reducing the dividends by 8 percent annually required rate of return is 0.18 what is the price of the stock You are interested in purchasing a bond from Exam Solutions. The bond had a 40 year maturity when it was issued, which was 10 years ago. Its face value was $1,000. The bond pays quarter interest at an 8% coupon rate. The bond currently trades at a price of $950, what is the YTM O a. A different value O b. .0846 O C. .0222 O d. .092 Oe. 0889

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