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mortgage (in 30 years), you must make a balloon payment; that is, you must repay the remaining balance on the mortgage. How much will be
mortgage (in 30 years), you must make a balloon payment; that is, you must repay the remaining balance on the mortgage. How much will be this balloon payment? Hint: The balloon payment will be in addition to the 30 th payment. The balloon payment is $ (Round to the nearest dollar.) According to the dividend-discount model, what is the value of a share of Gillette stock if the firm's equity cost of capital is 7.4% ? The value of Gillette's stock is $. (Round to the nearest cent.)
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