Valuation of securities (Tasks)

1. Last year was the twentieth dividend stocks rubles. It is expected that the dividend income and the share price will increase at an annual rate of 10%. Determine the value of the shares, if the discount rate of 26% is selected.

2. The nominal value of the bond sale XXXX rubles. The interest (coupon) rate of 15% per annum. Interest is paid once a year 1. Before repayment of the bonds is exactly 5 years. The required rate of return (yield) on the investment of the risk corresponding to this type of bond is XX%. Determine the value of the bonds.

3. The founders created a joint stock company with registered capital of RUR XXXXX. First introduced - XXXX rubles., The second - 8,000 rubles., The third - XXXX rubles. The authorized fund is divided into 3,000 shares. To determine: 1) the nominal value per share; the number of shares to be sold in order to fully form the authorized capital.

4. The action has a nominal value of 1,000 rubles., Its market value is equal to 1800 rubles. Over the last year the quarterly dividends paid in the amount of 40 rubles. Calculate the dividend yield on the shares.

5. ordinary share has a market value XXX rubles. Earnings per share for the year amounted to 14 rubles. Determine the factor for the stock P / E.

6. Find the effective rate of return of preference shares on which the dividends are paid in the amount of XXX rubles. once a quarter, and the market price of the share at the moment is XXXX rubles.

7. ordinary share has a market value of 345 rubles. As a result, the per share dividend was paid in the amount of X rubles. Thereafter, retained earnings per share was the twentieth, 5 rubles. Determine for this stock a whole number of years, during which the campaign can theoretically recoup the market value of its shares

8. The authorized capital stock consists of shares of XXXX, XXXX are ordinary shares. What is the ratio of the nominal value of the ordinary shares of the nominal value of preference shares, if it is known that the JSC has issued the maximum amount of preferred stock.

9. Par bonds XXX rubles., 10% coupon, payable twice a year. Before the bond matures 2 years. Determine the price of the bond, if the yield to maturity should make 8%.

10. Nominal zero-coupon bond is equal to XXXX rubles., Paper is repaid in 4 years and 120 days. A bond worth 640 rubles. Determine the yield to maturity of the bond. Base 365 days.

11. Nominal short-term zero-coupon bonds XXXX rubles., The price of 950 rubles. The bond is repaid after 200 days. Determine the yield to maturity of the bond. Base 365 days.

12. A company's stock dividend was paid on the twentieth rubles. per share. Investors believe that in the coming years the growth rate of the dividend will amount to 6% a year. The yield is equal to the risk of buying the shares is equal to 25%. Identify ....

13. The course of action of A is the twentieth rub., The yield is equal to the risk of investing in a share of 15%. Per share dividend was paid 2 rubles. To determine the rate of growth of future dividends, if it is assumed constant.

14. The yield is equal to the risk of investing in a share of the company and 20%. During the previous six years of shares to pay dividends. During this period, the dividend has increased from 1.5 rubles. to X rubles. It is expected that the growth rate of future dividends will remain at the same level.

15. Bond circulation term of 1 year is repaid at par. The bonds have an annual coupon of 5% of the nominal value. The market price of a bond is XX X% of the nominal value. Calculate simple yield .......

16. At the time of establishment of the founders of the company have gained XXX shares with a nominal value of 1 thousand. Rub. Charter of the Company determined that the total number of authorized shares with a par value of 1 thousand. Rub. is XXX. What is the share capital of the company, if the company did not make the placement of additional shares?

17. The Company w