4.a. A Gambia Government bond pays a 5.375 percent annual coupon, every year for 6 years. The par value of the bond is $1000. What is the price of the bond at a 3.8% YTM? b. Current forecasts are for Gambia Ports Authority to pay dividends of $3,$3.24, and $3.50 over the next three years, respectively. At the end of three years you anticipate selling your stock at a market price of $94.48. What is the price of the stock given a 12% expected return?
