Compute the interest on loan

Assignment Help Financial Management

Reference no: EM131869918

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?

Reference no: EM131869918

Questions Cloud

Determining the biostatistical methods : A college lecturer said ‘For the course "Biostatistical Methods", the percentage a student gets for the closed-book exam has always been fairly similar

Summarize the basic issues of government governance : There are certain important differences between developed and developing countries, some of which may lead to difficult ethical problems.

Define function that convert number value to character digit : COP 1500 Intro Computer Science Number Systems Project Assignment - Then define a function that can convert a number value to a character digit

Carefully on all aspects of statement : An environmental scientist said ‘I did a small pilot experiment with two replicates in each treatment and got the result we hoped for.

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

Result of a statistical test : 1.Why would many scientists be uneasy about a probability of 0.06 for the result of a statistical test?

Population of the snail calcarus porosis : It is known that a population of the snail Calcarus porosis on Kangaroo Island, South Australia, has a mean shell length of 100 mm and a standard deviation.

Realistic indication of the variance of the population : Why does the variance calculated from a sample have to be corrected to give a realistic indication of the variance of the population from which it has been take

Would primary markets exist without the existence : Describe current situations where an investor might use a limit order, stop order, market order, trade on margin, or execute a short sale.

User Account

All Pages