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w Consider a 5-year bond with a par value of 51.000 and an annual coupon. If interest rates change from 9 to 5 the band's

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w Consider a 5-year bond with a par value of 51.000 and an annual coupon. If interest rates change from 9 to 5 the band's price will increase by 5 1 points Jefferson's recently paid an annual dividend of $6 per share. The dividend is expected to decrease by 3% each year. How much should you pay for the stoc today if your required return is 14% (in $ dollars)

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