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Quick and accurate responses willI get a high rating B) False Double Bubble Company issued $1,000 bonds that have an annual coupon rate of 6.5%.

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B) False Double Bubble Company issued $1,000 bonds that have an annual coupon rate of 6.5%. The present market value of the bonds is $1,225. If the bonds have 17 years remaining until maturity. The yield to maturity is 4.57%, what is the CURRENT YIELD on Double Bubble Company bonds? A) 5.3% B) 6.5% C) 7.2% D) 13.2% Q13 because it has many characteristics of both Preferred stock is referred to as a hybrid security common stock and bonds. A) True B) False Q14 Studio 55, Inc. has an issue of preferred stock that pays a dividend of $4.00. The preferred stockholders require a rate of return on this stock of 9%. At what price should the preferred Q15 stock sell for? A) $36.00 B) $44.40 C) $62.50 D) $88.80

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