QUESTION 13 Which of the followings is NOT an equity valuation model? O A Price-to-Cash-Flow Ratio B. Constant Growth Dividend Discount Model O C Industry Life Cycle Model O D Multistage Growth Dividend Discount Model OE.P/E Ratio QUESTION 14 A 36-year maturity bond with par value $1.000 makes semiannual coupon payments at a coupon rate of 14%, what is the EFFECTIVE annual yield to maturity of the bond if the bond sells for $1,080? 0 A 6.48% B. 12.95% C. 11.27% D. 13.37% O E-564% QUESTION 15 When interest ratecallable bonds are more likely to be called by the issuers O A O B.rises significantly O C falls significantly remains stable D equals coupon rate E. fluctuates