Question: Question 16 10 pts Your client bought a $1000 Face value bond with 20-years remaining to maturity for $789. The bond pays a semi-annual coupon
Question 16 10 pts Your client bought a $1000 Face value bond with 20-years remaining to maturity for $789. The bond pays a semi-annual coupon at 9X APR compounded semi-annually. However, 3 years later just after receiving his oth semi-annual coupon payment), he sold the bond for 5765. What was his realized yield for realized return) stated as an APR with semi-annual compounding? Enter rate in decimal form, counded to fourth digit 20.1234 Question 17 10 pts Three months from today, a stock is expected to pay a quarterly dividend of d, - $1.20. Using the dividend discount model what is the price of this stocktoday if investors require a return of 16 APR Counded arterly and inwestors believe the dividend will Forever grow at a rate of 3.5% APR.compounded quarterly Enter answer in dollars and cents.rounded to the nearest cent
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