Fin 605 module 4 quiz Study guides, Class notes & Summaries
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Northern Kentucky University FIN 605 Module 4 Quiz {Answered}
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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...
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