· 7-27 Yield to Maturity A 5.65 percent coupon bond with 18 years left to maturity is offered for sale at $ 1,035.25 . What yield to maturity is the bond offering ? ( Assume interest payments are semiannual .)
Complete the following problem sets from Chapter 8 in Microsoft ® Excel ®:
· 8-19 Value a Constant Growth Stock Financial analysts forecast Safeco Corp .’ s ( SAF ) growth rate for the future to be 8 percent . Safeco ’ s recent dividend was $ 0.88 . What is the value of Safeco stock when the required return is 12 percent ?
· 8-21 Expected Return Ecolap Inc . ( ECL ) recently paid a $ 0.46 dividend . The dividend is expected to grow at a 14.5 percent rate . At a current stock price of $ 44.12 , what is the return shareholders are expecting ?
Complete the following problem sets from Chapter 9 in Microsoft ® Excel ®:
· 9-33 Risk , Return , and Their Relationship Consider the following annual returns of Estee Lauder and Lowe ’ s Companies ( Table Attached ) ============================================