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Please show your work step by step Problem 1: Corporation's bonds make an annual coupon interest payment of 8.35%.The bonds have a par value of

Please show your work step by step

Problem 1: Corporation's bonds make an annual coupon interest payment of 8.35%.The bonds have a par value of $1,000, a current price of $1,130, and mature in 12 years.What is the yield to maturity on these bonds?

Problem 2: Assume that you are considering the purchase of a 20-year, non callable bond with an annual coupon rate of 10.25%.The bond has a face value of $1,000, and it makes semiannual interest payments.If you require an 8.4% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond? What is the current yield of the bond?

Problem 3: M Company just paid a dividend of $1.32.Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The company is of low-risk whose beta coefficient is 0.75, the return on market portfolio is 10 percent and return on risk-free asset is 2 %is 8.00%.What is the best estimate of the current market value of M Company's stock?

Problem: L Company's stock has an expected return of 13.45%, a beta of 1.25, and is in equilibrium.If the risk-free rate is 6.00%, what is the market risk premium?For this problem. You need to explain the approach that you take to find the solution (4 lines).

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