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Question 19 6 pts What is the current price (Po) of preferred stock that has a par value of $100, an annual dividend yield of

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Question 19 6 pts What is the current price (Po) of preferred stock that has a par value of $100, an annual dividend yield of 6%, and a rate of return (rp) of 5%? $100 $80 $60 $120 Question 20 6 pts A $1,000 par value bond has an 8% coupon rate (paid semiannually). It has 5 years remaining to maturity. If bond's current price $1,085.30, what should be the YTM of this bond? 6% 3% 4% 8%

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