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LO 2 3. Bond P 3. Bond Prices. Lycan, Inc., has 7 percent coupon bonds on the market that have 9 years left to maturity.

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LO 2 3. Bond P 3. Bond Prices. Lycan, Inc., has 7 percent coupon bonds on the market that have 9 years left to maturity. The bonds make annual payments and have a par value of $1,000. If the YTM on these bonds is 8.4 percent, what is the current bond price? end of $3.65 per vidend by 5.1 percent LO 1 dividend yielu. W t 10 Stock Values. Take Time Corporation will pay a dividend of $3 share next year. The company pledges to increase its dividend by per year, indefinitely. If you require a return of 11 percent on vom investment, how much will you pay for the company's stock today

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