Chris borrowed $52,000 for 25 years at 5.4 percent compounded monthly. How much of payment 180 will go towards paying off principal?

Group of answer choices

$185.33

$184.50

$186.17

$183.68

2> Chris borrowed $30,000 for 15 years at 5.9 percent compounded semiannually. What will the ending balance be after Chris has made one year of payments?

Group of answer choices

$29,364.30

$30,000.00

$28,709.84

$28,036.08

3> Corporation plans to issue a dividend of $3.90 per share 6 years from now and will continue paying an annual dividend thereafter. Dividends are expected to grow at a constant rate of 8.00 percent, and 's required rate of return is 11.00 percent. The current price (P0) of stock is:

Group of answer choices

$62.62

$130.00

$77.15

$69.50

16>Machiavelli's Pizzeria Incorporated (Ticker: MPI) plans to pay a dividend of $2.00 per share in 3 years. Dividends will then grow at an annual rate of 5.3 percent for 5 more years after the initial dividend is paid. Thus the abnormal growth period will end 8 years from now. After 8 years, dividends will grow at a constant annual rate of 2.5 percent indefinitely. If the required rate of return is 11 percent, what is MPI'scurrentprice per share (P0)?

Group of answer choices

$21.27

$15.44

$12.54

$9.17