1. Please discuss corporate bond interest in terms of cost of capital versus investor yields. Also, discuss municipal bond interest in terms of investor yields.
2. Future Value of an Annuity Due If the future value of an ordinary, 5-year annuity is $7,600 and interest rates are 8 percent, what's the future value of the same annuity due?
3. A preferred stock from Hecla Mining Co. (HLPRB) pays $4.50 in annual dividends. If the required return on the preferred stock is 7.50 percent, what is the value of the stock? (Round your answer to 2 decimal places.) Value of stock $