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1. Your company has just taken out a one year installment loan for $82,500 at a nominal rate of 12% but with equal end month payments. what percentage of the second monthly payment will go towards the repayment principle?

2. A company has preferred shares, which pays $2 every year as dividend. If the required rate of return for shares of this kind is 8%, what is the current market value of the preferred shares?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92835420

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