A$.$ d$.$

B$.\frac{1}{(1+d{)}^5}$

C$.\frac{1}{d}.$

D$.(1+d{)}^5$

$16.$ What is the bond coupon rate with a current yield of $7\mathrm{.}14\%,4$ years until maturity, and a price quote of $84?$

A$.7\%$

B$.8\%$

C$.9\%$

D$.6\%$

$17.$ What should be the price of a stock that offers a $4\mathrm{.}32$ annual dividend with no prospects of growth, and has a required return of $12\mathrm{.}5\%?$

A$.0$

B$.4\mathrm{.}86$

C$.34\mathrm{.}56$

D$.30\mathrm{.}24$

$18.$ The required return on an equity is comprised of a:

A$.$ Dividend yield and ROE

B$.$ Current yield and a terminal value

C$.$ Dividend yield and a capital gain yield

D$.$ Sustainable growth rate and a plow back ratio

$19.$ A positive value for PVGO suggests that the firm has:

A$.$ A positive return on equity

B$.$ A positive plow back ratio

C$.$ Investment opportunities with superior returns

D$.$ A high rate of constant growth

$20.$ Which of the following is least likely to contribute to going concern value?

A$.$ Extra earning power

B$.$ Intangible assets

C$.$ Future investment opportunities

D$.$ High liquidation value

$6$