Question: answer please:) Things Get Messi Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 25.00 year maturities with a coupon

answer please:) answer please:) Things Get Messi Enterprises is issuing new bonds for a

Things Get Messi Enterprises is issuing new bonds for a capital budgeting project. The bonds will have 25.00 year maturities with a coupon rate of 7.50% APR with semi-annual coupon payments (assume a face value of $1,000 on the bond). The current market rate for similar bonds is 8.34% APR. The company hopes to raise $40.00 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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