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JRN Enterprises just announced that it plans to out its dividend from $2.50 to $1.10 per share and use the extra funds to expand its operations. Prior to this announcement, JRN's dividends were expected to grow at 5% per year and JRN's stock was trading at $24.50 per share. With the new expansion, JRN's dividends are expected to grow at 10% per year indenitely. Assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN after the announcement is closest to: O A. $10.78 0 B. $48.04 0 C. $24.50 0 D. $21.14 The Sisyphusn Company has a bond outstanding with a face value of $1,000 that reaches maturity in 10 years. The bond certificate indicates that the stated coupon rate for this bond is 9.4% and that the coupon payments are to be made semiannually. Assuming that this bond trades for $992, then the YTM for this bond is closest to: O A. 9.5% O B. 11.4% O C. 13.3% O D. 7.6%