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Question 3 (2 points) What is your best estimate of the value of Dogma Manufacturing Inc.'s preferred share that pays a dividend of $0.81 per

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Question 3 (2 points) What is your best estimate of the value of Dogma Manufacturing Inc.'s preferred share that pays a dividend of $0.81 per quarter? Your required rate of return on investments of similar risk is 12% compounded monthly. (Answer is not $0.0675 or $0.27 or $81.00.) Format V BI U . Question 4 (4 points) You have just secured a $250,000 mortgage with a 25-year amortization period from the bank. The interest rate in the first 5-year term is 4% compounded semi-annually. Calculate how much principal you will pay in the first term. (Hint: I could also ask you how much interest you paid.)

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