The preferred stock of XnP Ltd pays an annual dividend of $ 13. Compute the price of the preferred stock if the required return is 9%. ANSWER FORMAT: 123.456 Answer: on Ajman Systems can issue debt yielding 9 percent. The company is in a 50 percent tax bracket. What is its aftertax cost of debt? ANSWER FORMAT: 0.1234 [do not convert in %] Answer: Emirates Airlines Inc. has a AED 1,000 par value bond outstanding with 20 years to maturity. The bond carries an annual interest payment of AED 81 and is currently selling for AED 950. What is yield to maturity? ANSWER FORMAT: 0.1234 [do not convert in %]