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Question 6 - Compute the price of a $ 1 , 0 0 0 par value, 1 2 percent ( semi - annual payment )

Question 6-Compute the price of a $1,000 par value, 12 percent (semi-annual
payment) coupon bond with 20 years remaining until maturity
assuming that the bond's yield to maturity is 19 percent? (Round
your answer to 2 decimal places and record your answer without
dollar sign or commas).
Question 7-Pharsalus Inc. just paid a dividend (i.e., D0) of $ 3.82 per share. This dividend is expected to grow at a rate of 5.5 percent per year forever. The appropriate discount rate for Pharsalus's stock is 9.6 percent. What is the price of the stock? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).
Question 8- The stock of Robotic Atlanta Inc. is trading at $ 21.62 per share. In the past, the firm has paid a constant dividend (i.e., g =0) of $ 5.59 per share and it has just paid an annual dividend (i.e., D0=5.59). However, the company will announce today new investments that the market did not know about. It is expected that with these new investments, the dividends will grow at 5.3% forever. Assuming that the discount rate remains the same, what will be the price of the stock after the announcement? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).

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