Johnson Corp. pays a constant $15 dividend on its stock. The company will maintain this dividend for the next 10 years and will then cease paying dividends forever. If the required return on this stock is 12 percent, what is the current share price? $4.8296 / share $150 / share $84.7533 / share $48.2960 / share You are going to purchase a new piece of equipment for $250,000. The bank is quoting you a 30-year fixed loan with a 7.5% APR. You will make a down payment of $50,000. Assume the payments are being made at the end of the period and you do not need to pay back the down payment. What is your monthly payment? $1,389.7431 $1,411.1873 $1,398.4290 $1,748,0363 You are going to purchase a new piece of equipment for $250,000. The bank is quoting you a 30-year fixed loan with a 7.5% APR. You will make a down payment of $50,000. Assume the payments are being made at the end of the period and you do not need to pay back the down payment. You decide to refinance the loan at some point in the future. What is the balance on the loan at the end of the 15th year? $149,916.3614 $197.673.4702 $188,566.6538 $150,853.3374