1. A 5.90 percent coupon bond with 17 years left to maturity is offered for sale at $936.32. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.)
Yield to maturity %
2. Suppose that Bryson Corporation's projected free cash flow for next year is FCF1-$220,000, and that FCF is expected to grow at a constant rate of 6.5%. If the company's required rate of return on equity is 14% and their weighted average cost of capital is 11.5%, what is the firm's total corporate value in millions?
Your answer should be between 1.28 and 6.52, rounded to 2 decimal places, with no special characters.