An important way in which a central bank decreases the money supply by selling bonds to the public. Using the supply and demand analysis for bonds, show what effect this action has on interest rates.

On 01 January 2023, company A issues Tk. 1000 par value with annual coupon payment of Tk. 75 and bond will be matured on 31 December 2025. If after the issuance of the bond the yield to maturity (YTM) of bond stands 9%, calculate the current market price of the bond.

What is the selling price of a stock if its next year dividends are expected to be Tk. 3.5 while the discount rate is estimated to be 9% and the dividends are projected to increase at 5% per year indefinitely (Please use the Gordon growth model)?