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O ture.com/courses/48432/quizzes/151420/take Question 8 4 pts Suppose you want to buy a $501,962 home. You can put $90,000 down and can finance at 7.9% APR

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O ture.com/courses/48432/quizzes/151420/take Question 8 4 pts Suppose you want to buy a $501,962 home. You can put $90,000 down and can finance at 7.9% APR Monthly for 30 years, but can only afford to pay $1,163, for the first five years, and have offered to make a balloon payment of $100,000 at the end of thirty years (your 360th payment). How much will your remaining payments be? (Assume all payments will be made at the end of each month, and that negative amortization is permitted.) 4 pts Question 9 Assume a stock currently pays no dividends today, but expected to begin paying dividends $6 per share in 6 years. The dividends are expected to have a constant growth rate of 7% at that time and firm has a cost of equity of 13.2%. Using the dividend discount model, what do you estimate the share price should be? Question 10 4 pts Suppose we have a firm that is assumed to have a dividend growth rate of 20% for the next three years, then 5% per year afterward. The cost of equity is assumed to be 14%. Assume that the stock recently paid a dividend of $7. The Compute the value of the stock. 251 Chanter 11 pdf 261 Chapter 11 pdf 361 Chantar 11.1 ndf Takehame ex

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