Your financial advisor is offering you an opportunity to invest in Corporate Bonds. Since you are very interested in diversifying your portfolio with some fixed income investment, you are seriously considering this offer. The bond matures in 20 years, yields 6.04% and makes coupon payments of 5%. If the par value equals $1,000, what is the most you should be willing to pay for each bond? Round your answer to the nearest penny. Labrador technologies Inc. plans to become public soon. The current owners would like to know the value of each share of common equity so they price their shares correctly for potential investors. The WACC for this firm is 9.31% and there are 63,500 common shares outstanding. The firm has outstanding debt with a market value of $2,896,389 and has no preferred equity. For this example assume the current assets are zero. Us the DCF valuation model based on the expected FCFs shown below; year 1 represents one year from today and so on. The company expects to grow at a 2.5% rate after Year 5. Rounding to the nearest penny, what is the value of each share of common stock