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1. The Lo Sun Corporation offers a 6.0 percent bond with a market price of $809.50. The yield to maturity is 8.24 percent. The face value is $1,000. Interest is paid annually. How many years is it until this bond matures?

2. The 2010 balance sheet of Maria’s Tennis Shop, Inc., showed $5,250,000 in the common stock account. The 2011 balance sheet showed $5,690,000. If the company paid out $505,000 in cash dividends during 2011, what was the cash flow to stockholders for the year?

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92170621

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