Fin 605 module 4 quiz - Study guides, Class notes & Summaries

Quiz 4 A zero coupon bond is a bond that  will sell for a premium  is a premium value bond  has a high current yield  originally sold at a discount The common stock of Kyocera currently sells for $88.50 and its current dividend is $1.10. Determine the implied growth rate for Kyocera assuming that an investor’s required rate of return is 14% and that earnings and dividends are expected to grow at a constant rate.  12.3%  13.9%  13.8%  12.6% Normally the cou...