1. A bond is issued by a corporation on june 15, 2007 is scheduled to mature on june 15, 2019. if today is decemeber 16, 2008, what is this bond's time to maturity. a) 12 yrs b) 10 yrs, 6 months c) 10 yrs d)1 yr 6 months
2. Financial analysts forecast best buy company for the future to be 14.00 percent. their recent dividend was .99. what is the value of their stock when the required rate of return is 15.23 percent a 91.76 b 7.06 c9.18 d 80.49.