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-Thatcher Corporation's bonds will mature in 10 years. The bonds have a 8% coupon rate and a current market price of $1,100. What is the yield to maturity?

-Harvey Inc. just paid a dividend of $1.00 that will increase 4% for the next 3 years, and then will increase 6% forever. What is the price of the stock today if r = 8%?

Financial Management, Finance

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