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Today, you want to sell a zero-coupon bond you currently own. The bond matures in 5 years. How much will you receive for your bond

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Today, you want to sell a zero-coupon bond you currently own. The bond matures in 5 years. How much will you receive for your bond if the market yield to maturity is currently 8.06% ? Ignore any accrued interest. a) $496.97 b) $678.70 c) $468.10 d) $676.32 e) $465.02 The Cottage Depot has adopted a policy of increasing the annual dividend on their common stock at a constant rate of 3.75% annually. The firm is paying an annual dividend of $1.10 next year. What will the dividend be 5 years from now? a) $1.45 b) $1.16 c) $1.32 d) $1.27 e) $1.37

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