Show all your work and calculations 1. You bought a ZipCo bond on 1/15/20. Its coupon rate is 6% paid semiannually on Jan 1 and July 1. How much-accrued interest did you pay the seller?

2. N-Corps convertible bond has a conversion ratio of 40, and its stock is currently trading for $32/share. A. What is its Conversion Price? B. What is the bonds current market price?

3. Estimate the current true value of Geo Corp stock that you expect to pay a dividend of $1.80/share next year and grow at a 4%/year rate in the future. You believe the cost of equity is 7.0%.