Question
Stock. What is the value of a stock with a $3 dividend just paid and a 8% required return with 2% growth?
Bond. What is the value of a $1,000 par value bond with annual payments of an 11% semiannual coupon with a maturity of 20 years and a 11% required return?
Thank You!!!!!
Bond. What is the value of a $1,000 par value bond with annual payments of an 11% semiannual coupon with a maturity of 20 years and a 11% required return?
Thank You!!!!!