QUESTION 9 A bond that pays interest annually yields a 6.61 percent rate of return. The inflation rate for the same period is 4.72 percent. What is the real rate of return on this bond? (Use the exact relationship between interest rates and inflation, not the approximate one. Enter answer in percents, not in decimals.) QUESTION 10 Emacs Co. issued 13-year $1,000 face value bonds one year ago at a coupon rate of 5.4 percent. The bonds make semiannual payments. If the YTM on these bonds is 8.2 percent, what is the current bond price? QUESTION 11 Character Co. offers a common stock that pays an annual dividend of $2.73 a share. The company has promised to maintain a constant dividend. How much are you willing to pay for one share of this stock if you want to earn a 8.32 percent return on your equity investments? QUESTION 12 The stock price of Tomboy, Inc. is $44.18. Investors require a 10.4 percent rate of retum on similar stocks. If the company plans to pay a dividend of $5.73 next year what growth rate is expected for the company's stock price? Enter rate in percents to three decimal places