Teh dividend on a common stock will be $3 in 1 year, $4.25 in 2...

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Finance

Teh dividend on a common stock will be $3 in 1 year, $4.25 in 2 years, and $6.00 in 3 years. You can sell the stock for $100 in 3 years. If you require a 12% return on you're investment, how much would you be willing to pay for a share of dis stock today?

Select one:

a. $77.24

b. $81.52

c. $75.45

d. $85.66

Q2:

A bond TEMPhas 6.5% coupon bonds on the par value wif 13 years remaining to maturity. The bonds make semiannual payments and currently sell for 97.9% of par. Wat is the TEMPeffective annual yield?

Select one:

a. 6.74%

b. 6.86%

c. 7.19%

d. 7.56%

Q3:

A semiannual-coupon bond TEMPhas remaining 13 years to maturity. It TEMPhas a YTM of 7.6% wif the current price of RM 901.98. The face value is RM 1,000. Wat is the stated coupon rate?

Select one:

a. 6.50 percent

b. 6.38 percent

c. 6.40 percent

d. 3.20 percent

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