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Author Question: What is the maximum price Erica should pay for Rangoon Corp. common stock if her required return is ... (Read 106 times)

ereecah

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on: Jul 10, 2018
What is the maximum price Erica should pay for Rangoon Corp. common stock if her required return is 5 and she expects to sell the stock in one year for 50 per share,
 
  immediately after she receives a .50 per share dividend? (Round to the nearest tenth.)
  A) 50.00
  B) 48.10
  C) 48.00
  D) 45.00
  E) 40.73

Question 2

You just took out a 12,000 loan for your small business. The loan has a four year term and repayment is in the form of four equal end-of-year payments. The interest rate on the loan is 11.5. What are your annual loan payments?
 
  A) 3,909.29
  B) 3,287.78
  C) 3,144.83
  D) 3,246.84
  E) 3,867.92


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fffftttt

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Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

A


ereecah

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

strudel15

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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