10. Kingston Development Corp. purchased a piece of property for $2 million. The firm paid a down-parment of 50 percent in cash and financed the balance. The loan terms require monthly payments for 10 years at an annual percentage rate(APR) of 12 percent, compounded monthly. What is the amount of each mortgage payment? (a) $25,301.1 (b) $23,419.9 (c) $14,347.1 (d) $12,285.6 6. High Country Builders currently pays an annual dividend of $1.35 and plans on increasing that amount by 3.5 percent each year. Valley High Builders currently pays an annual dividend of $1.40 and plans on increasing its dividend by 3 percent annually. Given this information, you know for certain that the stock of High Country Builders' has a higher than the stock of Valley High Builders. (a) market price (b) dividend yield (c) capital gains yield (d) total return