How much is your monthly payment on home mortgage

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1. How much is your monthly payment on a home mortgage with the following terms? Borrow $250,000 for 30 years at 5% annual interest.

A. $1,342.05

B. $920.66

C. $12,500

D. $1,041.67

2. What is the price of a share of common stock that has an expected dividend of $3.00, a tax rate of 30%, a required return of 15%, an expected growth rate of 5%, and a beta of 2.0?

A. $6.00

B. $3.00

C. $30.00

D. $15.00

Reference no: EM131605895

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