Stock - Retire Qs 12-16 - 90545

Solution Posted by
divakar

divakar

Rating : No Rating
Solution Detail
Price: $5.00
  • From: Business, Management
  • Posted on: Sun 10 May, 2015
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description
12. A credit card is offered with monthly payments and a 21.99% APR. What is the loan's effective annual rate (EAR)? EAR: 13. Calculate the price of a $1,000 bond, offering a 12% coupon payment with 15 years left to maturity and a market interest rate of 10%. (Assume interest payments are semiannual.) Is this a discount or premium bond? Price: Type: 14. On July 25, 2014, the Dow Jones Industrial Average opened $17,083.80 and closed at $16,960.57. What was the effective annual rate return (in percent) of the stock market that day? Daily Return: EAR: 15. Financial analysts forecast GDY Inc.’s growth for the future to be 3%. GDY's recent annual dividend was $2.00. What is the value of GDY stock when the required return is 11%? Stock Value: $ 16. URN Inc. recently paid a $5.00 annual dividend. The dividend is expected to grow at a 4% rate. At a current stock price of $52, what is the return shareholders are expecting?
Solution Description
Attachments
HW-1454_Stock_-_Retire_Qs_12-16.xlsx
HW-1454_Stock_-...