What can be stated for certain, before performing any calculations on the following bond? Face value $1,000. Coupon rate 9%. Yield 9%.

Group of answer choices

The bond will be priced at a discount to face value.

The bond price equals face value.

The bond will be priced at a premium to face value.

Flag question: Question 2Question 23 pts

A bond has a face (par) value of 10,000. It matures in 20 years. The bond has an annual coupon of 9%. Based on a market rate (yield) of 7%, what is the current price of the bond?

Group of answer choices

12,118.80

11,243.00

10,000.00

9,765.23

Flag question: Question 3Question 33 pts

A bond has a par value of 10,000. It matures in 15 years. The bond has a coupon rate of 7%, paid annually. Based on a market rate (yield) of 6%, what is the bond's price?

Group of answer choices

10,000.00

9,892.12

10,971.22

9,789.34

Flag question: Question 4Question 43 pts

A bond with semi-annual coupon payments has the following characteristics: Par value of 10,000; coupon rate of 10% (annual); maturity date 30 years; yield of 9%. What is the current price?

Group of answer choices

10,000.00

11,031.90

12,355.23

9,566.76

Flag question: Question 5Question 53 pts

A restaurant chain company named Fatso's Burgers is currently paying out $3.39 per year in dividends and is forecast to grow at 6% per year. Based on a 12% required rate of return, what is the stock price?

Group of answer choices

33.90

5.65

22.50

56.50

Flag question: Question 6Question 63 pts

A bank stock is currently paying $2.53 in dividends per year. The bank grows slowly, at about 1% per year. Given a required rate of return of 12%per year, what is the current stock price?

Group of answer choices

11.00

24.00

23.00

25.30

Flag question: Question 7Question 73 pts

A company pays a $1.50 dividend and is expected to grow at 5% per year. The required return on this stock is 11%. What is the current price?

Group of answer choices

150.00

5.00

25.00

15.00

Flag question: Question 8Question 83 pts

Tony's Tire company pays a $1.10 dividend and grows at 3% per year. Given a required rate of return of 12%, what is the stock price for this company?

Group of answer choices

11.00

12.22

13.55

12.00

Flag question: Question 9Question 93 pts

Calculate the price of the following preferred stock: Dividend $1.00; required rate of return: 10%.

Group of answer choices

0.10

10.00

no solution.

1.00

Flag question: Question 10Question 103 pts

A share of preferred stock has a dividend of $2.32 and a required rate of return of 9%. What is the stock price?

Group of answer choices

25.78

23.20

9.00

2.32