A. Dividends paid $2.00 & are expected to grow at 25% rate for next 3 yrs. with grapowth rate falling constantly 5% thereafter. If required return is 7% what’s the stock price?what’s the future dividend& stock price used to get price?
B. A $175,000 mortgage loan with 5% APR for 30 yrs. What’s the monthly payment? What if the mortgage was $275,000. What’s the monthly payment?