Most bonds issued in the United States have ________ coupon ...

[gonzo233]

Most bonds issued in the United States have ________ coupon payments and ________ face values.
 
  A) annual; 1,000
  B) annual; 500
  C) semi-annual; 1,000
  D) semi-annual; 500

Question 2

Legacy Industries Inc. has a historic P/E multiple of 15, a current EPS of 2.50 projected to grow by 4 in the coming year, and a forward looking P/E multiple of 18. With this information please estimate the current price of the firm's stock.
 
  A) 37.50
  B) 46.80
  C) 39.00
  D) 48.20

[blakcmamba]

Answer to Question 1

C

Answer to Question 2

B
Explanation: B) P = D1  multiple = 2.50  (1.04 )  18 = 46.80.

[gonzo233]

Great answer, keep it coming

[amandanbreshears]

Thanks for the timely response, appreciate it