question archive 1) Universal Forest's current stock price is $154
1) Universal Forest's current stock price is $154
Subject:FinancePrice: Bought3
1) Universal Forest's current stock price is $154.00 and it is likely
to pay a $5.23 dividend next year. Since analysts estimate Universal Forest will have a 13.0 percent growth rate, what is its required return?
2) XYZ corporation issued 20 year maturity bond, one year ago with 6
percent coupon paid semiannually. The bonds is currently selling for 97 percent of par. What is the current yield on these bonds? The YTM? The effective annual yield?
