j. A bond is being sold at $960.47. If you know that the maturity of this bond will happen in 15 years from now, it has semiannual coupon payments, a face value of $1,000, calculate the coupon value and coupon rate in case the YTM equals to (a) 6%, (b) 9%, and (c) 11%. k. Jingle Bells' bonds are being sold for $980.80, and their coupon rate is 6%, with annual payments. If the maturity of those bonds is in exactly 48 semesters from now, and the face value of each bond is $1,000, calculate the bonds' YTM. 1. IDK Inc. has bonds with a coupon rate of 5.55%, semiannual payments. If the YTM is 4.9%, and time to maturity is 2.5 decades, what is the price of this $1,000 face value-bond? m. A stock currently is being sold for $95, with a dividend yield of 6.2% and a dividend growth rate of 4.2%. Calculate the amount of dividend that was just paid. n. Perpetuity LLC has preferred stocks that will pay annual dividend of $6.06 every year forever (perpetuity). Consider that the current price of this stock is $94.08, determine the required rate of return. o. Shares of a company offer an expected total return of 13%. With a constant dividend growth of 5.50% per year, what should be the dividend yield? p. A company is offering a 8.4% bond with a current price of $765.40, the yield to maturity equals 8.55%, and the bond has a face value of $1,000. If coupon is paid twice a year, how many years are between now and the maturity of this bond? q. The YTM on a taxable bond is 7% and the YTM of a comparable municipal bond is 4%. Calculate the tax rate that will make investors indifferent between investing in either of the two bonds. r. Samantha's Cleaning Company stock currently costs $42.50 per share, considering a required rate of return of 9.5%. Project the next annual dividend, considering you know that the dividend growth rate is 5% indefinitely. s. Your dad bought a stock that just paid $7.60 in dividends per share, and his required rate of return is 10%. In case the dividend grows at a rate of 6.3% a year, how much will he have in capital gains if he sells the same stock in 8 years? t. Montecarlo Corporation issued 600,000 bonds with coupon rate of 5.40% with coupons paid semiannually, maturing in 20 years. YTM is 5.80%, and each bond has a face value of $5,000. How much did this company raise with the issuance of these bonds? u. General Lenders announced a dividend of $6.50 per share in one year from today. Afterwards, the company expects that their business won't do too well, and will not pay dividends for 5 years. In 7 years from today, they expect to pay an annual dividend of $2.80 in perpetuity. If you know that the required return is 11.7%, estimate the current price of the stock. v. Michelles' Inc. just paid annual dividends of $1.85 per share. At the same time, the company announced that their future dividends will be having a growth of 6%. Assuming a required rate of return of 9%, what is the price one should be willing to pay today for one share of this company's stock? w. Consider a firm in a growing industry that is planning on increasing its annual dividend by 22% a year for the next 6 years. After that, they will decrease the growth rate to 6 percent per year. The company just paid its annual dividend in the amount of $2.20 per share. What is the current value of the share of this stock in the case the required return is 6.6%?