udents who wish to use your blue books and show all work for the short problems. Please iving partial credit. For all problems, please round your work to four decimal tA, please indicate the best answer for all lI Work for the prob lems in Parts B and C in your blue books as well, to increase your chances of receiving partial credit. places an sure to answer only ONE OUT OF TWO problems in Part B and Part C. Answering all questions in these parts will result in the grading of the FIRST PROBLEM ONLY, and will only leave less time to answer the other problems. Good Luck! d your final answers to the second decimal place, where applicable. Also, please be PART A: MULTIPLE CHOICE/SHORT PROBLEMS (30 POINTS) 1) Your research on Skyway Corp. indicates that the company will be paying dividends of $1.75 per share in 2018 and $2.50 per share in 2019. You are given an estimate that the stock price in 2018 will be worth S39.50 per share. If your required annual return for all investments is 12% what is the most you are willing to pay for Skyway stock today? a) $63.27 b) $54.65 c) $35.04 d) $23.82 2) Which of the following yield curves cannot be possible (the one yield curve that can never happen, under any circumstances) when the Liquidity Preference Theory is used instead of the Expectations Theory to try to explain the direction of future interest rates? a) Upward sloping. b) Downward sloping c) Flat sloping. d) Sawtooth pattern. 3) When the current market rate is greater than the original coupon rate of a bond, the bond is ; When the current market rate is less than the original coupon rate of a trading at a bond, the bond is trading at a