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A 30-year bond has a 11 percent annual coupon, a yield to maturity of 6 percent, and a face value of $1,000.  What is the price of the bond?

A bond is likely to be called if

A share of preferred stock pays a semiannual dividend of $3.9.  If the price of this preferred  stock is currently $83, what is the nominal annual rate of return?

The Jones Company has decided to undertake a large project. Consequently, there is a  need for additional funds.  The financial manager plans to issue preferred stock with a  perpetual annual dividend of $7.6 per share and a par value of $37.  If the required return  on this stock is currently 4.3 percent, what should be the stock’s market value?

If you buy a bond today and hold it to maturity, there is no question that you will earn the _______________, assuming the bond issuer does not default and makes its interest and principal payments until the bond matures. 

Malko Enterprises’ bonds currently sell for $729.  They have a 7-year maturity,  an annual coupon of $118.3, and a par value of $1,000.  What is their current  yield?

Palmer Products has outstanding bonds with an annual 11.7 percent coupon.  The bonds have a par value of $1,000 and a price of $1,154.  The bonds will mature in   16 years. What is the yield to maturity on the bonds?

The last dividend paid by Klein Company was $2.4.  Klein’s growth rate is expected to be  a constant 2 percent for 5 years, after which dividends are expected to grow at a rate  of 6 percent forever.  Klein’s required rate of return on equity (rs) is 10.4 percent.   What is the current price of Klein’s common stock? 

If D1 = $2, g (which is constant) = 6.6%, and P0 = $82, what is the stock’s  expected capital gains yield for the coming year?

Meade Corporation bonds mature in 6 years and have a yield to maturity of 14 percent.  The par value of the bonds is $1,000.  The bonds have a 6.2 percent coupon rate and pay  interest on a semiannual basis.  What are the current yield and capital gains yield on the  bonds for this year? (Assume that interest rates do not change over the course of the  year.)