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You are looking at bond that has 10 years to maturity. The coupon rate is 9% and coupons are paid semiannually. The yield-to-maturity is 10%

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You are looking at bond that has 10 years to maturity. The coupon rate is 9% and coupons are paid semiannually. The yield-to-maturity is 10% and the face value is $1000. What is the current price? $1017.4 $910.3 $937.7 $991.4 Question 4 (1 point) XYZ have a net-income (after taxes and paying interests) of $10 million. They plan to reinvest 30% of these earnings in new projects. If the historical ROE is 10%, what is the expected growth rate of XYZ earnings? 3% 2% 1% 3.3%

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