28. An analyst estimates that a stock will pay a $1 dividend next year and that it will sell for $32 at year-end. If the required rate of return is 12%, what is the value of the stock?A. $23.31.B....

28. An analyst estimates that a stock will pay a $1 dividend next year and that it will sell for $32 at year-end. If the required rate of return is 12%, what is the value of the stock? A. $23.31. B. $26.95. C. $29.46. 29. An analyst observes a 5-year, 10% coupon bond with quarterly payments. The face value is £1,000. How much is each coupon? A. £25. B. £50. C. £100. 30. A 20-year, 5% annual-pay bond has a par value of $1,000. What would this bond be trading for if it were being priced to yield 12% as an annual rate? A. $455.23. B. $477.14 C. $528.39.