Question 11 pts

A bond has a face value of $15,000. The bond matures in 15 years. The coupon rate on the bond is 8.00%. The Yield is 9.00%. Which of the following is true about the current price of the bond?

Group of answer choices

There is no way to calculate the price of the bond

The price will be the same as face value

The price will be higher than face value

The price will be lower than face value

Flag question: Question 2Question 21 pts

Jim and John's Sandwich Company Stock pays a $1.30 dividend. The required rate of return by the investors is 9.0%. Based on the preferred stock (no growth) model, what is the price of the stock?

Group of answer choices

$0.12

$12.44

$0.07

$14.44

Flag question: Question 3Question 31 pts

The Eagles Music Company Stock pays a $4.50 dividend. The required rate of return by the investors is 11.0%. Based on the preferred stock (no growth) model, what is the price of the stock?

Group of answer choices

$36.55

$0.02

$0.50

$40.91

Flag question: Question 4Question 41 pts

A bond has a face value of $10,000. The bond has a coupon rate of 8.0% and pays interest annually. The bond matures in 20 years. The yield on the bond is 9.0%. What is the current price of the bond?

Group of answer choices

$9,087.15

$9,079.92

$10,000.00

$10,150.00

Flag question: Question 5Question 51 pts

A bond has a face value of $15,000. The bond matures in 15 years. The coupon rate on the bond is 9.00%. The Yield is 8.00%. Which of the following is true about the current price of the bond?

Group of answer choices

The price will be the same as face value

The price will be higher than face value

The price will be lower than face value

There is no way to calculate the price of the bond

Flag question: Question 6Question 61 pts

A bond has a face value of $10,000. The bond has a coupon rate of 7.0% and pays interest semi-annually. The bond matures in 10 years. The yield on the bond is 6.0%. What is the current price of the bond?

Group of answer choices

$10,736.01

$10,000.00

$10,600.00

$10,743.87

Flag question: Question 7Question 71 pts

The Underground Train Sandwich Company Stock pays a $2.30 dividend. The required rate of return by the investors is 8.0%. Based on the preferred stock (no growth) model, what is the price of the stock?

Group of answer choices

$21.65

$28.75

$0.18

$0.03

Flag question: Question 8Question 81 pts

A bond has a face value of $10,000. The bond has a coupon rate of 8.0% and pays interest annually. The bond matures in 10 years. The yield on the bond is 7.0%. What is the current price of the bond?

Group of answer choices

$10,710.62

$10,700.00

$10,702.36

$10,000.00

Flag question: Question 9Question 91 pts

A bond has a face value of $10,000. The bond matures in 15 years. The coupon rate on the bond is 7.00%. The Yield is 6.00%. Which of the following is true about the current price of the bond?

Group of answer choices

The price will be higher than face value

The price will be lower than face value

The price will be the same as face value

There is no way to calculate the price of the bond

Flag question: Question 10Question 101 pts

A bond has a face value of $10,000. The bond has a coupon rate of 7.0% and pays interest semi-annually. The bond matures in 10 years. The yield on the bond is 8.0%. What is the current price of the bond?

Group of answer choices

$9,328.99

$10,800.00

$9,320.48

$10,000.00