How much are monthly payments on this loan

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4) A $42,000 new car loan is taken out with the terms 6% APR for 48 months. How much are monthly payments on this loan?

2) NoGrowth Corporation currently pays a dividend of $0.44 per quarter, and it will continue to pay this dividend forever. What is the price per share of NoGrowth stock if the firm's equity cost of capital is 12.4% ? The stock price is ______

3) Zoom Enterprises expects that one year from now it will pay a total dividend of $5.0 million and repurchase $5.0 million worth of shares. It plans to spend $10.0 million on dividends and repurchases every year after that forever, although it may not always be an even split between dividends and repurchases. If Zoom's equity cost of capital is 13.0% and it has 5.0 million shares outstanding, what is its share price today?

Reference no: EM131583291

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