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Please answer question 12 and 13! :) Thank You ; Question 12 (7 points) A $1,000 par value bond has coupon rate of 7% and

Please answer question 12 and 13! :) Thank You

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; Question 12 (7 points) A $1,000 par value bond has coupon rate of 7% and the coupon is paid semi-annually. The bond matures in 20 years and has a required rate of return of 10%. Compute the current price of this bond. $1,011.00 $1,000.00 $742.61 $1,199.22 $1,230.57 Question 13 (6 points) According to the constant growth in dividends price formula given in the textbook, if the dividend to be paid one year from today increases and all other factors remain constant, the price of the stock will other factors remain constant, the price of the stock will_and if the required rate of return increases and all other factors remain constant, the price of the stock will _ _: if the growth rate of all future dividends increases and al Increaseincrease: increase Decrease; decrease; decrease Increase: decrease: decrease Decrease; increase; decrease None of the answers listed above are correct

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