b) Macro Corporation issued 50-year bonds that have a coupon rate of 6% paid semi-annually and a face value of $1000. The bonds were issued at 97% of its face value. Given this information, calculate the yield to maturity. c) Suppose that you have just purchased a share of stock for $22.51. The most recent dividend was $1.50 and dividends are expected to grow at a rate of 5% indefinitely. What must your required return be on the stock