o 7. Continue with previous question: Company CZZ has 7 % coupon bonds on the market with 14 years to maturity. Face value of the bond is 1000. If the bonds make semiannual payments and the YTM is 496 calculate the current yield of the bond. Express your answer as a percent. 8. Generally, a bond can be valued as a package of: (1) annuity, (11) perpetuity, (III) single payment Select one: a. I and II only b. I and III only C. II and III only d. I, II and III A perpetuity is defined as a sequence of: Select one: a. equal cash flows occurring at equal intervals of time for a specific number of periods. b. unequal cash flows occurring at equal intervals of time for a specific number of periods. equal cash flows occurring at equal intervals of time forever. d. unequal cash flows occurring at equal intervals of time forever. One can estimate the required return as follows a. Dividend yield/expected rate of growth in dividends. b. (Dividend yield) * (expected rate of growth in dividends).|| Dividend yield + expected rate of growth in dividends. d. Dividend yield - expected rate of growth in dividends