QUESTION 1 4 points Save Answer Which of the following best illustrates why a bond is a type of loan? Funds raised are used to finance long-term projects. The issuers of bonds make regular payments to bondholders. When an investor buys a bond from an issuer, the investor is giving money to the issuer, with the assurance that it will be repaid at a date in the future. When a company issues a bond, the buyer of that bond becomes an owner of the issuing company. QUESTION 2 4 points Save Answer What is the real interest rate given a nominal interest rate of 6% and an inflation rate of 3%? O 1.94% 02.91% 03.92% O 4.43% QUESTION 3 4 points Save Answer NoGrowth Industries presently pays an annual dividend of $1.50 per share and it is expected that these dividend payments will continue indefinitely. If NoGrowth's equity cost of capital is 8%. what is the value of a share of NoGrowth's stock? O $13.64 O $18.75 O $16.67 OS12.50