You are considering purchasing the bonds of UTSA that were i…

You are considering purchasing the bonds of UTSA that were issued 5 years ago with an original maturity of 25 years. These bonds were originally issued with a coupon rate of 8%. Based on similar bonds in the market, you will require a return of 6% on these bonds which are currently selling for $1,120. How much should you pay for one of these bonds? (2) PV [pv] FV [fv] PMT [pmt] N [nper] I [rate]

Earlier this year, you purchased Happy Cow Milk stock at a p…

Earlier this year, you purchased Happy Cow Milk stock at a price of $50 because you expected to earn a return of 14%. At the time, the stock has a reported beta of 1.8. If you received a dividend of $4 during the year and the stock is now selling for $40, what return have you earned over the past year? (2) Make sure to state your answer as a % and include 2 decimals. Type your answer in the textbox. Show as much work as you feel comfortable showing and what time allows. Your work will help assess partial credit in the case of an incorrect answer. A right answer with zero work shown will receive no credit. At a minimum, type out the equation/numbers being used. 

Arnold Incorporated stock is currently selling for $50 and i…

Arnold Incorporated stock is currently selling for $50 and is expected to have dividend growth of 5% based on its past revenue growth. The firm is expected to have a dividend at the end of this year of $6. Based on the S&P returning an average of 12%, you require a return for this stock of 9% and have valued it at $70. What is your expected return if you purchase the stock today? (2)