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29. you have made 15 semi-annual payments into a sinking fund at 9% compounded semi-annually so that you get $4,850. Find the amount of each
29. you have made 15 semi-annual payments into a sinking fund at 9% compounded semi-annually so that you get $4,850. Find the amount of each payment has been put into the sinking funds a.243.45 b.249.35 c.232.18 d.251.35 22. If your credit card calculates the interest based on 17.5% APR, what is your monthly interest rate? a.0.01658 b.0.01758 c.0.01458 d.0.01558 31. you have been offered a loan amount of 80,000 from the Arab bank at an interest rate of 4.50%. the term of the loan is 15 years. What is the monthly payment a.700.34 b.600.98 c.611.99 d.512.78 33. Find the compound amount if $4,500 is deposited at 7% interest for 10 years if interest is compounded daily. a 34,987.90 b.9,061.27 c.34,987.98 d.89,062.98 14. The current dividend on a stock is $2.00 per share and investors require rate of return of 12%. Dividends are expected to grow at a rate of 20% per year over the next 3 years, and then at a rate of 5% per year. Find the price of the stock. a.42.80 b.56.90 c.23.98 d.43.80 13. A company earns $2.00 per share in 2012 and pays dividends 70% (0.70) in 2012. If the firm has ROE 30%, what is the expected dividend IN 2013 a.0.08 b.0.648 c.0.09 d.0.763
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