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Question 18 24 pts Marshall is considering purchasing one of two potential investments. The first is a SlickRock bond with 14-year maturity and 7% coupon

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Question 18 24 pts Marshall is considering purchasing one of two potential investments. The first is a SlickRock bond with 14-year maturity and 7% coupon that has a current price of $825.12. The second option is to buy stock in DryBeach. DryBeach just issued a $2.50 dividend and expects to grow at 3.0%. The current stock price for DryBeach is $26.75. If both investments are fairly priced and he plans to hold the investment indefinitely, which offers Marshall a higher return? The DryBeach stock, 12.35% > 4.63% The Slick Rock bond, 7.00% > 3.00% The Slick Rock bond, 7.00% > 4.63% The DryBeach stock, 12.63% > 9.25%

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