1 compute the interest on a 15-year loan for 15023 if the, Ask an Expert

Finance

1. Compute the interest on a 15-year loan for $15023 if the annual rate is 4.9% with continuous compounding.

2. What is the present value of $6,000 paid at the end of each of the next 60 years if the interest rate is 8% per year?

3. Corporation just paid $2 dividends per share. Expected growth of 20% next year, 15% second year, and 6% year three and after. Discount rate is 10%. What is the stock price today?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92698270

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