Problem 3 YYY bonds have 240 -quarters maturity, $1000 par value, 8% coupon rate paid semi-annually, and the yield to maturity is 6%. Compute the current price of the bond? Compute the price of the bond 3 years from now? NFVCuprnrates=240=1000r Problem 4 ZZZ bonds have a 120 -quarters maturity, $1,000 par value, and a 8.75% coupon paid quarterly, and those bonds sell at their par value. AAA bonds have the same risk, maturity, and par value, but the AAA bonds pay a 5.75% monthly coupon. At what price should the monthly payment bond sell? Problem1d0=1.5FimmJJhasiustpaidadividendof1.5P0=r9Q The dividends are expected to 1.5 From year 3 to year 7 , the dividends are expected to grow at 18.5%. first two years. From year 8 to year 12, the firm decided not to pay any dividend to its From year 13 to year 15 , the dividend will grow at half the rate of growth in year 2. Starting from year 16 , dividends are expected to grow at a constant rate of growth of 5 . 5 . The required rate of return on equity is 12% a/ Compute the current stock price b/ Compute the stock price at the end of year 9 Problem 2 XXX bonds have 160 -semesters maturity, $1000 par value, they sell for $1209 and the yield to maturity is 6%. Compute the coupon rate for these bonds if