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Help #23 Question 23 Not yet answered Marked out of 12.00 Remove flag Question #7 a. Suppose Microsoft, Inc. was trading at $32.29 per share.
Help #23
Question 23 Not yet answered Marked out of 12.00 Remove flag Question #7 a. Suppose Microsoft, Inc. was trading at $32.29 per share. At that time, pays an annual dividend of $0.52 per share, and analysts have set a 1-year target price of around $38.30 per share. What is the expected return on this stock? (6 points). b. Compute the required monthly payment on a $180,000, 25-year fixed-rate mortgage with a nominal interest rate of 9.80%. How much of the payment goes toward principal and interest during the first year? (6 points)Step by Step Solution
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