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What is the amount of the last dividend paid

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Sam & Ella's Fine Foods common stock sells for $44., 05 a share and pays an annual dividend that increases by 5% annually. The market rate of return on this stock is 8%. What is the amount of the last dividend paid by Sam & Ella's Fine Foods?  

  1. You borrowed $1200 at 6% compounded annually.
    1. If your payments are $90 at the end of each year, how many years will you make payments on the loan?
    2. If your payments are instead $72 at the end of each year, how many years will you make payments on the loan?

Reference no: EM133079260

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