YOU DO NOT HAVE TO EXPLAIN HOW YOU GOT THE ANSWER JUST PROVIDE THE ANSWER. 1. T

YOU DO NOT HAVE TO EXPLAIN HOW YOU GOT THE ANSWER JUST PROVIDE THE ANSWER.
1. The arithmetic average of –26%, 45%, and 50% is __________.
2. The geometric average of −18%, 40%, and 45% is __________.
3. Neubert Enterprises recently issued $1,000 par value 15-year bonds with a 7% coupon paid annually and warrants attached. These bonds are currently trading for $1,000. Neubert also has outstanding $1,000 par value 15-year straight debt with a 10% coupon paid annually, also trading for $1,000. What is the implied value of the warrants attached to each bond? Do not round intermediate calculations. Round your answer to the nearest cent.
4. Maese Industries Inc. has warrants outstanding that permit the holders to purchase 1 share of stock per warrant at a price of $22. Assume the firm’s stock now sells for $20 per share. The company wants to sell some 20-year, $1,000 par value bonds with interest paid annually. Each bond will have attached 50 warrants, each exercisable into 1 share of stock at an exercise price of $25. The firm’s straight bonds yield 9%. Assume that each warrant will have a market value of $2.25 when the stock sells at $20. What coupon interest rate must the company set on the bonds with warrants if they are to clear the market? (Hint: The convertible bond should have an initial price of $1,000.) Do not round intermediate calculations. Round your answer to two decimal places.
4a. What dollar coupon must the company set on the bonds with warrants if they are to clear the market? (Hint:The convertible bond should have an initial price of $1,000.) Do not round intermediate calculations. Round your answer to the nearest dollar.
5. please see the attached document for question 5.