How the bond market was affected by the credit crisis

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1. How the bond market was affected by the credit crisis?

2. Caan Corporation will pay a $3.10 per share dividend next year. The company pledges to increase its dividend by 4.5 percent per year indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company’s stock today? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Reference no: EM131886318

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