Annual dividends of generic electrical grew from 074 in, Financial Management

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Annual dividends of generic electrical grew from 074 in

1. Annual dividends of Generic Electrical grew from $0.74 in 2012 to $1.11 in 2017. What was the annual growth rate? (Round your answer to 2 decimal places.)

2. You have just purchased a newly issued 5-yr. Johnson Inc bond at par. This bond (Bond A) pays $60 in annual interest payments. You are also negotiating the purchase of a 6-yr. Johnson Inc bond that returns $30 in annual interest payments, and has six years remaining before it matures (Bond B). How much would you pay for Bond B?

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Financial Management: Annual dividends of generic electrical grew from 074 in

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Financial Management: Annual dividends of generic electrical grew from 074 in

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