1 dennis takes his mercedes to have the gps system repaired, Ask an Expert

Finance

1. Dennis takes his Mercedes to have the GPS system repaired. In the trunk of his car is a briefcase containing $5,000 in cash. Is the cash bailed goods?

2. What is the most you should pay for a share of common stock that just paid a dividend of $1.68 if rate of return is 10% and you expect dividends to increase at a constant rate of 2%?

3. To conserve cash, Tesla issued a zero coupon bond which has exactly 8 years to maturity. If its current yield to maturity is 8.2%, what is its current market price?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92848293

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