If a bond pays $40 every year forever and you require 5% to invest in the bond, what is the price you are willing to pay for the bond?

Suppose a company just paid a dividend of $1.50. It is expected to increase its dividend by 2% per year forever. If the market requires a return of 9% on assets of this risk level, how much should the stock be selling for? (round to nearest cent)

You bought a $1,000 face value bond yesterday for $1,300. Today the price is $1,279. If the bond matures in 17 years and pays a 4% coupon, what is today's YTM?