1. The yield of a 14-month quarterly coupon bond with 7% coupon rate is 7%. Compute the price of the bond. Continuously compounded.
2. Tyler Enterprises just paid an annual dividend of $1.22 a share. The stock has a market price of $34.60 and a dividend growth rate of 3.1 percent. What is the rate of return on this stock?
3. Name three trends in recent Banking History? Please type at least a paragragh for your answer.