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Suppose that a stock pays three annual dividends of $12, $14, and $16 in years 1, 2 and 3, respectively and the discount rate is

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Suppose that a stock pays three annual dividends of $12, $14, and $16 in years 1, 2 and 3, respectively and the discount rate is 12 percent. What is the price of the stock today? of Select one: O a. $31.67 O b. $33.26 O c. $32.40 O d. $31.85 O e. $31.74 10 You purchase a bond with a par value of $1,600. the bond have a coupon rate of %22 paid semiannually, and mature in 10 years. The bond's coupon is? ut of Select one: O a. $182 b. $170 O c. 5186 d. $180 O e. $176

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