QUESTION 22 4 points A particular stock sells for $43 20 share and provides a total return of 11.6 percent. The total return is evenly divided between the capital gains yield and the dividend yield Assuming a constant dividend growth rate what is the current dividend per share? 52 24 $237 $2.34 $2.51 $2.47 4 points period What range of QUESTION 23 Assume that long term corporate bonds had an average return of 6.4 percent and a standard deviation of 29 percent o returns would you expect to see on these bonds 68 percent of the time? 3.5 percent to 9 3 percent 3.5 percent to 10.9 percent 29 percent to 64 percent 0.6 percent to 11.9 percent 6 percent to 12 2 percent y The coupon QUESTION 24 A $1,000 face value bond currently has a yield to maturity of 7 14 percent. The bond matures in steen years and pays interest semin is 6.95 percent. What is the current price of this bond? 5987.42 $98857 $1.00152 5982 05 $1,138.63 QUESTION 22 A particular stock sells for $43 20 share and provides a total return of 116 percent. The total return is evenly divided between the capital gains yield and the dividend yield. Assuming a constant dividend growth rate, what is the current dividend per share? $2.24 $2.37 2.34 $2.51 $2.47 QUESTION 23 Assume that long-term corporate bonds had an average return of 6.4 percent and a standard deviation of 29 percent for a 50 year period. What range of returns would you expect to see on these bonds 68 percent of the time? 3.5 percent to 9.3 percent 3.5 percent to 10.9 percent 2.9 percent to 6.4 percent .6 percent to 11 9 percent 6 percent to 12 2 percent QUESTION 24 A $1,000 face value bond currently has a yield to maturity of 7 14 percent. The bond matures in sixteen years and pays interest semiannually. The coupon rate is 6.95 percent. What is the current price of this bond? 598742 $988 57 $1.00152 598205 $1,138 63