I uploaded a file with five Bond and Stock Valuation problems

Question 1. ABC Company has $1,000 par value bonds outstanding at 12 percent interest. The bonds mature in 25 years. What is the current price of the bond if the YTM is 16 percent? Assume annual payments. $1315 $1300 $756 $1000 Question 2. Bonds issued by XYZ have a face value of $1,000 and currently sell for $850. The annual coupon payments are $80. If the bonds have 10 years until maturity, what is the approximate YTM of the bonds? 10.50% 11.50% 11.75% 12% Question 3. AAA, Inc. will pay a common stock dividend of $1.60 at the end of the year. The required rate of return by common stockholders is 13 percent. The firm has a constant growth rate of nine percent. What is the current price of the stock? $35 $40 $27 $29 Question 4. ZZZ Company paid a $4 dividend last year. The dividend is expected to grow at a constant rate of six percent over the next four years. Common stockholders require a 13 percent return. What are the values of the dividends for years 1, 2 and 3, respectively? $4, $4.5 and $4.8 $4.24, $4.76 and $5.05 $4.24, $4.49, $4.76 $4, $4.50, $5.05 0 712792527 MultipleChoice 10 Question 5. DEF Company issued preferred stock many years ago. It carries a FIXED dividend of $8 per share. The yield at issuance was eight percent. What was the original issue price? Hint: Yield is the same as required rate of return. $100 $400 $7.40 $86.40 None of the above