Question: no need to show work answers only please 12. What is the present value of a perpetuity of 100 per year? Assume interest rate is

no need to show work answers only please

no need to show work answers only please 12. What is the

12. What is the present value of a perpetuity of 100 per year? Assume interest rate is 10% and the first payment is made at end of the year. A. 1000 B. 1100 C. 1200 D. 1300 E. None of above 13. How long does it take money to triple at EAR of 10% ? A. 11.53 years B. 12.53 years C. 13.53 years D. 14.53 years E. None of above. 14. Baruch, Inc. paid a dividend of $1 last year. The analyst expects the dividend to grow by 10% in each of the next three years, after which it will grow at a constant rate of 4% per year. The required return is estimated to be 9%. The dividend at year 4 (round it to two decimals) is expected to be: A. 1.33 B. 1.36 C. 1.38 D. 1.40 E. None of above 15. One year ago, an investor purchased a 10 -year, $1000 par value, 6% semiannual coupon bond with a 6% yield to maturity. What is the purchasing price? A. $800 B. $900 C. $1200 D. $1300 E. None of above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!