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1) A 10-year coupon bond with coupon rate 12% and semi-annual payment. The required return is...

1) A 10-year coupon bond with coupon rate 12% and semi-annual payment. The required return is 10%. What is the current value of such bond?

2) Firm ABC paid an annual dividend of $2.00 per share last year. Management just announced that future dividends will increase by 2 percent annually. What is the amount of the expected dividend in year 5?

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