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The following information is extracted from Farm Fresh LTD. Per the company's financial records, they have $3,000,000 in bonds (Face value). The agreed coupon payment

The following information is extracted from Farm Fresh LTD. Per the company's financial records, they have $3,000,000 in bonds (Face value). The agreed coupon payment is 9% per annum, and the before-tax yield to maturity is 8%. This bond is selling at $115 per share, and the face value of each bond is $100. The company has 46,000 outstanding Ordinary shares, and currently selling for $50 per share. The firm expects to pay a $5.50 dividend per

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