I the returns on stock a are as follows year 1 return 29


If the returns on Stock A are as follows: Year 1 return = 29 %, Year 2 return = -4 %, Year 3 return = 27 %, Year 4 return = 21 %, and Year 5 return = 35 %, what is the average return for Stock A over this 5 year period? (Record your answer as a percent rounded to 1 decimal place. If your answer is negative, place a minus sign before your number with no space between the sign and the number. For example, record negative 14.284% as -14.3).

Calculate the current price of a $5,000 par value bond that has a coupon rate of 10 percent, pays coupon interest quarterly (i.e., 4 times per year), has 24 years remaining to maturity, and has a current yield to maturity (discount rate) of 7 percent. (Round your answer to 2 decimal places and record without dollar sign or commas).

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Financial Management: I the returns on stock a are as follows year 1 return 29
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