Question: Answer problem and show work please 16. You are considering the purchase of an AT&P bond with a 12% coupon rate. Interest is paid and

Answer problem and show work please
Answer problem and show work please 16. You are considering the purchase

16. You are considering the purchase of an AT&P bond with a 12% coupon rate. Interest is paid and compounded semiannually. The bond will mature in 10 years, and has a $1,000 face value. The bond currently sells for $897. Calculate the ANNUAL yield to maturity for this bond. PV FV PMT RATE NPER 17. You are considering the purchase of a 15-year $1,000 face value bond that pays interest of S90 annually. If you required a return of 10%, how much should you be willing to pay for this bond? FV PMT RATE NPER PV 18. Charlie Company is expected to grow at an annual rate of 6% indefinitely. The return on similar stocks is currently 14%. Charlie's board of directors declared a future dividend of S1.85 yesterday. What should a share of Charlie Company sell for? 19. What is the value of a share of Henley Inc. to an investor who requires a 13 percent rate of return if Henley's last dividend was $1.50? Assume earnings and dividends are expected to grow indefinitely at a rate of 7% per year

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