Nikita Enterprises has bonds on the market making semi-annual payments, with 19 years to maturity, a par value of $1,000, and selling for $992.78. At this price, the bonds yield 9.46 percent. What must the coupon rate be on the bonds? Answer to four decimal places. e.g. 0.1234 Suppose a bond has a par value of $2,105, a YTM of 8.53% and a coupon rate of 7.23%. If it pays annually, then the coupon payment is $ Fegley, Incorporated, has an issue of preferred stock outstanding that pays a $5.23 dividend every year, in perpetuity. If the required return is 14.80%, then the market price is $. The RLX Company is expected to pay a dividend of $2.11 per share next year. The dividends are expected to grow at a constant rate of 3.39% per year, indefinitely. Assume investors require a return of 13.41% on this stock. Its current price is $ A project has an IRR of 16.44% and the following cash flows. What is the cash flow in year zero? Be sure to enter the correct sign. Suppose a project has a cash flow of $169,578 in year zero and a cash flow of $84,658 in years 1,2,3 and 4 . Assuming a required return of 9.82%, the NPV is A firm is considering a new three-year expansion project that requires an initial fixed asset investment of $5.9 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be worthless. The project is estimated to generate $12.6 in annual sales, with costs of $7.2. If the tax rate is 21 percent, what is the OCF for this project in millions? Answer to three decimal places. e.g. 11.123