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These two stocks must have the same expected year-end dividend. 5 pts Question 11 Blanco Paper Company's bond issue has $1,000 par value. 12 years

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These two stocks must have the same expected year-end dividend. 5 pts Question 11 Blanco Paper Company's bond issue has $1,000 par value. 12 years to maturity, and an 14 percent annual coupon. The bond is currently selling for $1.070. What is the bond's yield to maturity? 15.3 percent 10.7 percent 8.6 percent 9.3 percent 12.8 percent 5 pts Question 12 Frisco Fitness Clubs, a firm in the mature stage of its life cycle, has an expected year-end dividend, D, of $3.24, a market price today. Po of $32.40, and a constant growth rate, g, of 8 percent. The expected return on an average stock in the market. is 14 percent and Frisco Fitness' beta is 1.5. What is the firm's risk-free rate. For

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