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Thank you!! 11) A firm needs $283,000 today to imvest in a capital budgeting decision. They bonds being issued mature in 9 years. The coupon
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11) A firm needs $283,000 today to imvest in a capital budgeting decision. They bonds being issued mature in 9 years. The coupon rate is 6.75% and coupon payments are made seml-annually. The bond face values are $1,000. The current market rate of interest is 6.76%. How many bonds must the firm sell to raise the money they need? A) 284 B) 304 C) 298 D) 265 E) None of the above 12) In the dividend growth model formula, the variable " g"is synomymous with dividend yield. True False 13) A firm's common stock selis for 569.84 a share and pays an annual dividend that increases by 2.75%6 annually. The market rate of return on this stock is 9.75%. What is the amount of the last dividend paid by the firm? A) $2.85 B) $3.26 C) $3.46 D) $2.94 E) 94.76 F) None of the above 14) What is the stock price in year 7 for a firm if the dividend growth rate is 3.2%, the most recent dividend payment was $2.80, and the required return is 9.66% ? A) $59.85 B) $55.77 C) $52.57 D) $55.97 E) $57.00 F) None of the above Step by Step Solution
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