Question
im just missing this two The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 7 years. The
im just missing this two
The Sisyphean Company has a bond outstanding with a face value of $1,000 that reaches maturity in 7 years. The bond certificate indicates that the stated coupon rate for this bond is 6% and that the coupon payments are to be made semiannually. Assuming the appropriate YTM on the Sisyphean bond is 8%, this bond will trade at _________ . A. par B. a discount C. a premium D. none of the above
Super Carpeting Inc. (SCI) just paid a dividend of $6.00 per share today, and its annual dividend is expected to grow at a constant rate (g) of 5.00% per year. If the required return on SCIs stock is 12.0%, what is the intrinsic value of SCIs shares?
A. | $90 | |
B. | $70 | |
C. | $80 | |
D. | $100 |
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