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QUESTION 16 A semiannual 5 4 percent coupon bond currently sells for par value. What is the maturity on this bond? The bond must mature
QUESTION 16 A semiannual 5 4 percent coupon bond currently sells for par value. What is the maturity on this bond? The bond must mature in one year The bond could have any maturity date. The bond must be maturing today The bond must mature in 10 years The bond must be a perpetual security QUESTION 17 A stock is priced at 538 24 a share and has a market rate of return of 9 65 percent. What is the dividend growth rate if the company plans to pay an annual dividend of $.48 a share next year? 7.42 percent 8.39 percent 2.23 percent 7.60 percent 1.26 percent QUESTION 18 Renaissance Corp. common stock is selling for $36.75 a share and has a dividend yield of 23 percent. What is the dividend amount? 50.43 5085 54 21 $6.21 $8.41 QUESTION 19
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