If answers would be handwritten, make sure it is clear, please. Thanks.

Lance Whittingham IV specializes in buying deep discount bonds. These represent bonds that are trading at well below par value. He has his eye on a bond issued by the Leisure Time Corporation. The $1.000 par value bond with semiannual payments has 8 percent annual interest and has 20 years remaining to maturity. The current yield to maturity on similar bonds is 12 percent. (Round "PV Factor" to 3 decimal places. Do not round intermediate calculations. Round the final answers to 2 decimal places.) a. What is the current price of the bonds? Use Arpendix Band Arpendix D. Current price $0 b. By what percent will the price of the bonds increase between now and maturity? Price increases by c. What is the annual compound rate of growth in the value of the bonds? (Use Argendix A) Annual compound rate Airdrie Lanes preferred shares pay an annual dividend of $1.20, payable on a quarterly basis. Current yields of similar risk preferred shares are 3 percent. What is the price of each preferred share? Price of preferred share $ Stagnant Iron and Steel Co. currently pays a $8.30 annual cash dividend (De). It plans to maintain the dividend at this level for the foreseeable future, as no future growth is anticipated. If the required rate of return by common shareholders (Ke)is 19 percent, what is the price of each common share? (Round the final answer to 2 decimal places.) Price of common share