Dear Tutor,

Please solve the below mentioned question and provide answers along with proper workings and explanations

(pls do not use excel format or excel formulas to answers the below questions)

Thank you!!

Q1)WHICH OF THE FOLLOWING BONDS WILL HAVE THE LARGEST PRICE CHANGE IF THE INTEREST CHANGES BY 1 BASIS POINT (-->whichever answer you choose for this MCQ pls give your reason and explain!!)

a) A 10 yr annual pay coupon bond with coupon rate 5% and YTM = 8%

b) A 10 yr annual pay coupon bond with coupon rate 6% and YTM = 8%

c) A 10 yr annual pay coupon bond with coupon rate 5% and YTM = 9 %

d) A 8 yr annual pay coupon bond with coupon rate 5% and YTM = 8%

-->whichever answer you choose for this MCQ pls give your reason and explain!!

Q2) Telstra Corp expects its dividend pay-outs to increase by the following amounts for 3 years: 12%, 14% and 17% respectively. Calculate the present value of all those dividend payments assuming a required rate of return of 20% and that the last year, the company made a dividend payment of $5.

Q3) UltraTech Cement's preference shares have an annual dividend of $14 (paid quarterly), a par value of $1000, and an effective maturity of 9 years. If similar preference shares issues have market yields of 9%. Calculate the value of UltraTech Cement's share price.

Q4) Please answer the below shown MCQs.

Which one of the following statements is NOT true? Select one: . A. The overall efficiency of a capital market depends on its operational efficiency and its informational efficiency. . B. Operational efficiency focuses on bringing buyers and sellers together at the lowest possible cost. C. If market prices reflect all public information about securities at a particular point in time, the market is semi-strong form efficient. D. If market prices reflect all public relevant information about securities at a particular point in time, the market is strong-form efficientWhich of the following is an example of a secondary market for securities? O An IPO An individual purchases shares of a corporation on an exchange from a previous owner, not the corporation itself Purchasing foreign currency A public company raises additional equity through a seasoned equity offering.Year Cash Flow (A) Cash Flow (B) $300.000 -$40,000 20,000 19,000 50,000 12,000 50,000 18,000 4 390,000 10,500Whichever project you choose, if any, you require a 15 percent return on your investment. a. If you apply the payback criterion, which investment will you choose? Why? b. If you apply the discounted payback criterion, which investment will you choose? Why? c. If you apply the NPV criterion, which investment will you choose? Why? d. If you apply the IRR criterion, which investment will you choose? Why? e. If you apply the profitability index criterion, which investment will you choose? Why? f. Based on your answers in (a) through (e), which project will you finally choose? Why