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Your portfolio contains both stocks and bonds. In 3 months, you expect a dividend payment of $900. In 6 months, you expect a dividend payment
Your portfolio contains both stocks and bonds. In 3 months, you expect a dividend payment of $900. In 6 months, you expect a dividend payment of $1,000 and a coupon payment of $1,500. In 9 months, you expect a dividend payment of $1,100. In 12 months, you expect a dividend payment of $1,200 and a coupon payment of $1,500. The cost of debt is 5.6% and the cost of equity is 12.5%. What is the present value of your portfolio's payments over the next year?
Group of answer choices
A. $6,613.81
B. $6,768.15
C. $6,928.03
D. $6,754.79
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