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QUESTION 9 Greenmart Inc. pays an annual dividend that increases by 2.5 percent per year, commands a market rate of return of 11 percent, and

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QUESTION 9 Greenmart Inc. pays an annual dividend that increases by 2.5 percent per year, commands a market rate of return of 11 percent, and sells for $20 a share. What is the expected amount of the next dividend? O $2.29 $2.50 $1.70 O $2.20 QUESTION 10 New Coke Inc offers 7.5 percent coupon bonds with semiannual payments and a required return of 8.5 percent. The bonds mature in 15 years. What is the market price per bond if the face value is $1,000? O $916.10 O $816.48 O $929.42 O $900.00

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