Question: answer both correctly please Things Get Messi Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 15.00 year maturities with

answer both correctly please
answer both correctly please Things Get Messi Enterprises is issuing new bonds

Things Get Messi Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 15.00 year maturities with a coupon rate of 6.25% APR with semi-annual coupon payments (assume a face value of $1,000 on the bond). The current market rate for similar bonds is 7.52% APR. The company hopes to raise $49.00 million with the new issue. Based on the current market rate, what will a new bond sell for? Answer format: Currency: Round to: 2 decimal places. A stock just paid a dividend this morning of $1.45. Dividends are expected to grow at 11.00% for the next two years. After year 2 , dividends are expected to grow at 8.02% for the following three years. At that point, dividends are expected to grow at a rate of 6.00% forever. If investors require a return of 15.00% to own the stock, what is its intrinsic value? Answer format: Currency: Round to: 2 decimal places

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