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FINANCIAL CALCULATOR ONLY. i need answers in business calculator form because thats how we do it in class. E. You are buying a home and
FINANCIAL CALCULATOR ONLY.
E. You are buying a home and will take out a 30 year mortgage for $400,000 with the monthly payments starting one month from now. If the interest rate is 3.2% (monthly) what will the monthly payments be? 3. You are looking at investing in the common stock of a new company and you project that the stock will pay dividends of a $2.00 one year from now, $3.00 two years from now, $4.00 three years from now and you believe you can sell it for $80 at that time. Based on a required rate of return of 18%, the maximum you are willing to pay what for the stock would be: a. $86.28 b. $89.00 c. $61.91 d. $54.97 i need answers in business calculator form because thats how we do it in class.
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