90. What is the expected rate of return (yield to maturity) of a bond with a 7.25% coupon interest rate that matures in 10 years’ time , which has a market price of $1000 (use the scientific calculator) 

91. What is the value of a preferred stock when the dividend rate is 16% on a $100 par value? The appropriate discount rate for a stock of this risk level is 12%.

Answer rating: 100% (QA)

To calculate the expected rate of return yield to maturity of a bond you need to use the present val... View the full answer