Question
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%.
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
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