1. You buy a 6% annual coupon bond, with 10-years to maturity, when its yield to maturity is 5%. One year later, the yield to maturity is 6%. What is your return over the year?
2. Platypus Co. pays a dividend of $1.80 every 6-months. The dividend yield on the stock is reported to be 6.2%. What price is the stock selling at?
3. Koala Co. has issued 5% annual coupon bonds that are currently selling at a yield to maturity of 6% and current yield of 5.33%. What is the remaining maturity of these bonds?