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Josiah Trampolines, inc. will soon be offering a new issue of corporate bonds, The issue will offer a coupon rate of 12.5% paid semiannually and

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Josiah Trampolines, inc. will soon be offering a new issue of corporate bonds, The issue will offer a coupon rate of 12.5% paid semiannually and maturing in 30 years with a face value of $1,000. The yield on similar bonds in the market is currently 10%. josiah recently paid $6.25 per 5 hare as a dividend and expects the dividends to grow indefinitely by 3.75%. Equity Investors demand a rate of return of 8.75% on the stock. Based on the information provided above, what will be the price of the stock 125129.6974.1271.42 None of the answers provided is correct

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