1. Given the variety of different types of basic types of bonds below, list the type investor that you believe would be most likely to be attracted to that type of bond.
2. What is the present value of a perpetuity that will pay you $100 per year, starting one year form today, if the discount rate is 5%?
3. The risk-free rate is 4.1 percent, the market rate is 13.2 percent, and the expected return on a stock is 15.84 percent. What is the beta of the stock?