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1) A bond has $1,000 par value, 20 years to maturity, a 9% annual coupon and sells for $925

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1) A bond has $1,000 par value, 20 years to maturity, a 9% annual coupon and sells for $925.00. What is its yield to maturity?

 2). Chick-Fil-A bonds currently sells for $1,025. They have a 9 year maturity, an 8% annual coupon, and a par value of $1,000. What is its yield to maturity?

3). Lennys Sub Shop just paid a dividend of $2.00 a share (this is Do = $2.00). The dividend is expected to grow 0% a year for the next 3 years and then a 6% a year thereafter. 

What is the expected dividend per share for Year 3?

4). Lennys Sub Shop just paid a dividend of $2.00 a share (this is Do = $2.00). The dividend is expected to grow 0% a year for the next 3 years and then a 6% a year thereafter.

What is the expected dividend per share for Year 4

5). Brigham and Houston just paid a dividend of $2.00 a share (that is Do = $2.00). The dividend is expected to grow 30% a year for the next 3 years and then at a 6% a year thereafter. 

What is the expected dividend per share for Year 2?

6). Brigham and Houston just paid a dividend of $2.00 a share (that is Do = $2.00). The dividend is expected to grow 30% a year for the next 3 years and then at a 6% a year thereafter.

What is the expected dividend per share for Year 4?

7). Java City is expected to pay a dividend of $1.00 per share at the end of the year. The required rate of return is 11%. The dividend is expected to grow at a constant rate of 8.5% a year. What is the stocks value per share?

8). The Okra Corporation last dividend was $1.00. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 10% forever. Okra's required rate of return is 12%. Okra's horizon or terminal date is :

9). Chick-Fil-A bonds currently sells for $1,025. They have a 9 year maturity, a 7% annual coupon, and a par value of $1,000. What is its current yield?

10). Ferris Inc. bonds currently sell for $1,572 and have a par value of $1,000. They pay a $120 annual coupon and have a 20 year maturity, but they can be called in 5 years at $1,120. What is there yield to call (YTC) if they are called?

11). The Okra Corporation last dividend was $2.00. Its dividend growth rate is expected to be constant at 15% for 2 years, after which dividends are expected to grow at a rate of 12% forever. Okra's required rate of return is 14%. What is Okra's intrinsic value :