Question
Please help with these 2 questions. will up vote!! ABC common stock is expected to have extraordinary growth in earnings and dividends of 22% per
Please help with these 2 questions. will up vote!!
ABC common stock is expected to have extraordinary growth in earnings and dividends of 22% per year for 2 years, after which the growth rate will settle into a constant 6%. If the discount rate is 16% and the most recent dividend was $2, what should be the approximate current share price (in $ dollars)?
The bonds issued by United Corp. bear a coupon of 5 percent, payable semiannually. The bond matures in 20 years and has a $1,000 face value. Currently, the bond sells at $1004. The yield to maturity (YTM) is ________%.
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