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QUESTION 19 A stock has had returns of 14 percent. -18 percent, 2 percent, 33 percent, 27 percent, and 6 percent over the last six

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QUESTION 19 A stock has had returns of 14 percent. -18 percent, 2 percent, 33 percent, 27 percent, and 6 percent over the last six years, respectively. What is the geometric return for this stock? 10.82 percent 9.32 percent 10.31 percent 9.47 percent 8.88 percent QUESTION 20 Logarithms Logistics wants to issue 20 year, zero-coupon bonds that yield 62 percent What price should charge for these bonds if the face value is $1,000? Assume semiannual compounding $288.15 5294 89 5543.03 5562.03 $326 45 QUESTION 21 Janice's Fabrics has 6.5 percent coupon bonds on the market with 15 years to maturity The bonds make semiannual payments and currently sell for $1020 What is the current yield? The YTM? 6.37 percent 6 29 percent 7.84 percent, 792 percent 7 84 percent; 7.92 percent 7.30 percent 7.84 percent 7 80 percent, 792 percent

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