1. What is the price of a $1000 par value bond if the yield to is 7.5% and makes $75 as coupon payment. (2)
2. What is the YTM (Yield To Maturity) of a $1000 par value bond if it makes $75 as coupon payment and sells for $975.30? (2)
3. A company paid a dividend of $0.75 yesterday. If the current market price of the stock is 12.45 with dividend growth of 8%, what is the required rate of return on the stock? (2)
4. Find the growth rate of the stock that will pay the dividend of $4 next year with $67.90 as market price and 12.5% return on stock. (2)
5. Write short-notes on: (6)
   1. Source of financing working capital
   2. Required rate of return on a stock
   3. Percentage of sales method for financial forecasting
6. Explain in detail different types of financial markets. (6)