1 student loan that totals 50000 at graduation the annual, Ask an Expert

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1. Student loan that totals $50,000 at graduation. The annual interest rate is 6%, and there will be 72 monthly payments beginning 1 month after graduation. What is the monthly payment? What is owed after the first 3 years of payments? Show all work by hand.

2. JMP had a FCFE of $1.6M last year and has 3.2M shares outstanding. JMP's required return on equity is 12% and WACC is 9.8%. If FCFE is expected to grow at 9% forever, the intrinsic value of a share of JMP stock is ___________.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92714703

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