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QUESTION 35 The Bank of Credit and Commerce international's (BCCI) bonds mature in 13 years, currently sell for $1.095, yield an annual 64 percent, and

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QUESTION 35 The Bank of Credit and Commerce international's (BCCI) bonds mature in 13 years, currently sell for $1.095, yield an annual 64 percent, and make semiannual payments of 537 4372. What is the annual coupon rate on these bonds? 3.7437 percent 7.4874 percent 74983 percent 37.4372 percent 74.7844 percent QUESTION 36 Designs by Pamela just paid a dividend of $2 per share. The dividends are anticipated to maintain a six percent growth rate indefinitely; hence, next year dividend is expected to reach $2.12. If the stock currently trades at 880 per share, what is the cost of common equity or required return on the stock? 265 percent 2.50 percent 6.00 percent 8.50 percent 8.65 percent

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