1What is the present value of a preferred share that will pay $4.2 in dividends per year forever if the current rate of return is 3%? $ Answer

2You just bought a condo and have a $400,000 30-year mortgage, interest rate of 5% annually. Annual payments of $26,021 are due at the end of each year. How much is the mortgage balance after you make the first payment? $ Answer

today? Flad estion 29 What is the present value of a preferred share that will pay $4 2 in dividends per year forever the current rate of retum is 325 wered ad out of Flag stion ton 30 You just bought a condo and have a $400,000 30-year mortgage, interest rate of 5% annually. Annual payments of 526,021 are due at the end of each year How ered much is the mortgage balance after you make the first payment? ed out of con Next page Previous page Financial Statements for Question 9 AEOLO W