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A) The market price of a stock is $36.94 and it is expected to pay a $4.02 dividend next year. The dividend is expected to

A) The market price of a stock is $36.94 and it is expected to pay a $4.02 dividend next year. The dividend is expected to grow at 2.49% forever. What is the required rate of return for the stock?

B)Derek plans to buy a $33,776.00 car. The dealership offers zero percent financing for 51.00 months with the first payment due at signing (today). Derek would be willing to pay for the car in full today if the dealership offers him $____ cash back. He can borrow money from his bank at an interest rate of 5.82%.

C)Derek borrows $332,487.00 to buy a house. He has a 30-year mortgage with a rate of 5.30%. After making 136.00 payments, how much does he owe on the mortgage?

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