Question 4: (2 points) a. ABC stock has a dividend of VND 4000 for the first time next year, dividend yield
13% annual growth rate for the next 3 years, after which the rate of increase in stock dividends
is 5%/year. The market rate of return is 12%/year. Calculate stock price after 6 years
after.
b. A bond with par value of VND 1,000,000, interest rate 12%/year, semi-annual payment, term
maturity period of 3 years. Know the rate of return established by the market is 11%/year. Calculate
What is the current value of the bond?