What is the implied annual rate of return

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1. Nesmith Corporation's outstanding bonds have a $1,000 par value, a 10% semiannual coupon, 10 years to maturity and an 8% YTM. What is the bond's price? Round your answer to the nearest cent. $

2. Jefferson & Daughter has a cost of equity of 14.6 percent and a pre-tax cost of debt of 7.8 percent. The required return on the assets is 13.2 percent. What is the firm's debt-equity ratio based on M&M II with no taxes? please show complete work

3. Jonathan plans to invest $75,000 today in a high risk/high return exchange traded fund, which promises to be worth $950,000 after 18 years. What is the implied annual rate of return?

Reference no: EM131878570

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