QUESTION 11 What would be the price of a stock that pays an annual fixed dividend of $1.6 for ten years, and then the dividend payment increases by 1% every year, and the required rate of return is 5% annually? QUESTION 12 If a security plots below the security market line, it is: O ignoring all of the security's specific risk. O a defensive security, which expects to offer lower returns. O offering too little return to justify its risk. O underpriced, a situation that should be temporary. QUESTION 13 Consider a 5-year bond with a par value of $1,000 and an 9% annual coupon. If interest rates change from 9% to 5% the bond's price will: increase by $ QUESTION 11 What would be the price of a stock that pays an annual fixed dividend of $1.6 for ten years, and then the dividend payment increases by 1% every year, and the required rate of return is 5% annually? QUESTION 12 If a security plots below the security market line, it is: O ignoring all of the security's specific risk. O a defensive security, which expects to offer lower returns. O offering too little return to justify its risk. O underpriced, a situation that should be temporary. QUESTION 13 Consider a 5-year bond with a par value of $1,000 and an 9% annual coupon. If interest rates change from 9% to 5% the bond's price will: increase by $___________