Standard mortgage-what portion of the payments

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Reference no: EM131844984

1. Investment Return MedTech Corp stock was $51.00 per share at the end of last year. Since then, it paid a $0.50 per share dividend. The stock price is currently $62.55. If you owned 400 shares of MedTech, what was your percent return?

19.26%

7.99%

23.63%

9.80%

2. Consider a standard mortgage (360 months) with monthly payments and a nominal rate (monthly compounding) of 5.10%. What portion of the payments during the first 28 months goes toward principal?

21.76%

23.71%

21.36%

23.45%

23.02%

Reference no: EM131844984

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