1. Consider the stock EBIX, INC(NASDAB: EBIX) as one potential stock (as of 2017). Use a can slim strategy that a company would use.
2. Grohl Co. issued 8-year bonds a year ago at a coupon rate of 6 percent. The bonds make semiannual payments. If the YTM on these bonds is 6 percent, what is the current bond price?
3. Ashes Divide Corporation has bonds on the market with 16 years to maturity, a YTM of 8.0 percent, and a current price of $1,176.50. The bonds make semiannual payments. What must the coupon rate be on these bonds? (Do not round your intermediate calculations.)