Which of the following statements s incorrect on the bond quotation? yield is quoted as an effective rate for the corresponding payment frequency coupon rate is quoted as an Annual Percentage Rate rice is quoted as a percentage of the par value face value is deemed to be $1,000 unless told otherwise Suppose a firm's stock is selling for $11.50. They just paid a $1 dividend and dividends are expected to grow at 2% per year. What is the required return? 11.50% 10.87% 15% 13.14% Music off 0