Problem 6-28 Bond Yields (LO 2] You find the following Treasury bond quotes. To calculate the number of years until maturity, assume that it is currently May 2019 and the bond has a par value of $1,000. Ask Yld Rate Maturity Mo/Yr May 28 Bid Asked 103.4599 103.5327 Chg +.3287 ?? 5.979 6.202 May 33 104.4939 104.6396 +.4281 ?? +.5392 6.158 May 43 ?? ?? 4.011 In the above table, find the Treasury bond that matures in May 2033. What is your yield to maturity If you buy this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity % MC algo 7-3 Cumulative Voting You want a seat on the board of directors of Four Keys, Inc. The company has 210,000 shares of stock outstanding and the stock sels for $75 per share There are currently 3 seats up for election. If the company uses cumulative voting, how many shares do you need to guarantee that you will be elected to the board? Multiple Choice 47.251 shares 7751 shares 1000 shares 52.0 05.00 MC algo 7-17 Valuing Preferred Stock Mckerley Corp. has preferred stock outstanding that will pay an annual dividend of $3.40 per share with the first dividend exactly 12 years from today. If the required return is 3.54 percent, what is the current price of the stock? Multiple Choice $63.27 $6110 565.51 552.70 590.00