Question: 11. Explain briefly: a. Yield b. Yield to maturity c. Yield to call d. Yield curve e. Pure expectation theory f. Preferred habitat theory 12.

 11. Explain briefly: a. Yield b. Yield to maturity c. Yield

11. Explain briefly: a. Yield b. Yield to maturity c. Yield to call d. Yield curve e. Pure expectation theory f. Preferred habitat theory 12. A stock pays dividend this year Rp200. Dividend growth from year 1-3 is expected to be 30%. Starting in year 4, growth is expected to be 10% forever. The market return is 20%, while the risk-free rate is 10%. Beta for this stock is 1.2. Calculate the fair price for this stock

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