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Things Get Messi Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 25.00 year maturities with a coupon rate of

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Things Get Messi Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 25.00 year maturities with a coupon rate of 6.50% APA with semi-annual coupon payments (assume a face value of $1,000 on the bond). The current market rate for similar bonds is 6.62% APA. The company hopes to raise $41,00 million with the new issue. Based on the current market rate, what will a now bond sell for? Answer format: Curreney: Aound to: 2 decimal places. A couple purchasod a bond for $950.00 threo years ago. The bond pays 7.00% APR with semi-annual coupons with a face value of $1,000. Currently, the bond has exactly 10 yoars until maturity, and investors 50ek a return of 12.00% APR on bonds of similar risk What is the curtent price of the bond? Answer format: Currency. Round to: 2 decimal places. A stock just paid a dividend this morning of \$1,42. Dividends are expected to grow at 11.00% for the next two years. After year 2, dividends are expected to grow at 8.89\% for the following three years. At that point, dividends are expected to grow at a rate of 4.00% forever, If investors requiro a return of 12.00% to own the stock, what is its intrinsic valie? Answer format: Currency: Round to: 2 decimal places. An analyt has been following American Drearn stock. He projects the followina riviriand. yoars: The analyst noten that American Dream stock has a required retum of 9.89%. The analyst projocts that dNidends will. grow at a constant rate of 3.00% per yoar after year 3 . What ia the projected seling price for the stock at the end of yoar 3? APswer format Curonicy: Aound to: 2 docimal placeir An analyst has been following American Dream stock. He projects the following dividends for tha naxt thema ...w.. The analyst notes that American Dream stock has a required return of 9.89%6. The analyst projects that dividends will grow at a constant rate of 3.00% per year after year 3. What is the current price of the stock it his assumptions are correct? Answer format: Currency: Round to: 2 decimal places

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