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Author Question: GoodPurchase stock is currently selling for $1050 a share. The stock is recently paid a dividend of ... (Read 78 times)

mustachegiraffe

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on: Nov 23, 2022

Question 1

You purchase a 7-year bond with a principal of $2500 and an annual coupon of $300. If the interest rate is 4%, what is the price of the bond? Please round your answer to two decimal places.
◦ $3700.41
◦ $2500
◦ $1800.62
◦ $2100.00

Question 2

GoodPurchase stock is currently selling for $1050 a share. The stock is recently paid a dividend of $1.50 per share. If the current interest rate is 2.5%, what is the expected growth rate of dividends for this stock? Please round your answer to two decimal places.
◦ 2.35%
◦ 249.50%
◦ 0.10%
◦ 0.14%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by mustachegiraffe on Nov 23, 2022

Htimsrs

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Reply #1 on: Nov 23, 2022
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mustachegiraffe

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

Perkypinki

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Reply 3 on: Yesterday
Wow, this really help

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