Pallas Industries currently has ten-year, $1,000 par value bonds outstanding that trade at a price of S1,168.94 and with a yield to maturity of 11.80% APR. Investors receive interest payments on these bonds from Pallas Industries four times per year. Given the above information, which of the following is closest to the annual coupon rate on Pallas Industries's bond? O a. 13.7% O b. 13.0% c. 14.1% O d. 15.8% e 11.89 f. 15.4% O g. 14.7% h. 16.29 A firm expects earnings at the end of this year of $11.71 per share, and it plans to pay a $5.41 dividend to shareholders. The firm will retain $6.30 per share of its earnings to reinvest in new projects which have an expected return of 12.1% per year. Suppose that the firm will maintain the same dividend payout rate, retention rate and return on new investments in the future and will not change its number of outstanding shares. Assume that the firm's equity cost of capital is 14.2% per annum. Which of the following is closest to the price that you would estimate for the firm's shares? O a $77.40 O b. $70.35 O c. $74.93 O d. $81.92 Oe $73.73 Of. $62.84 O g. $67.71