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Protogen has just paid its annual dividend of $5.34 per share to its shareholders. Each share of Protogen has a market price today of $52.81

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Protogen has just paid its annual dividend of $5.34 per share to its shareholders. Each share of Protogen has a market price today of $52.81 each. Assuming those investors require a return of 6.2% per annum, which of the following is closest to the rate by which investors are expecting the annual dividends of Protogen to shrink by each year? O a. 4.35% O b. 3.55% O c. 3.01% O d. 4.26% O e. 3.44% Of. 4.42% O g. 3.23% O h. 3.91% Kevin is evaluating three different bonds as to their suitability for investment. Each bond matures 7 years from today and has a face value of $1,000. The bonds have the same level of risk, such that the yield to maturity is the same for each. Bond P has a 10% annual coupon Bond T has a 11% annual coupon, and Bond X has a 13% annual coupon. Bond T sells at par. Kevin believes that market interest rates will remain at their current level for the next 7 years. Given the above information, which of the following statements is most correct? a. Since the bonds have the same yields to maturity, they should all have the same price, and since interest rates are not expected to change their prices should all remain at their current levels until the bonds mature. O b. Answers C and D are both correct. O C. Bond P sells at a premium, and its price is expected to decrease over the next year O d. Bond X sells at a premium, and its price is expected to decrease over the next year O e. Bond P's price is expected to increase over the next year, Bond X's price is expected to stay the same, and Bond T's price is expected to decrease over the next year

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