Question: please show all work Question 2 - Bond valuation with semi-annual coupon payments (2 points]: You intend to purchase a 10-year, $1,000 face value bond
Question 2 - Bond valuation with semi-annual coupon payments (2 points]: You intend to purchase a 10-year, $1,000 face value bond with a coupon rate of 12%, paid semiannually. If your required rate of return is 10 percent, how much should you be willing to pay for this bond? Question 3 - Preferred Stock Valuation [2 points]: Many years ago, Minnow Bait and Tackle issued preferred stock. The stock pays an annual dividend equal to $6. If the required rate of return on similar risk investments is 8 percent, what should be the market value of Minnow's preferred stock
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