The Elkridge Bar \& Grill has a seven-year loan of $23,500 with Bank of America. It plans to repay the loan in seven equal installments starting today. If the rate of interest is 8.4 percent, how much will each payment be? is expected to provide total annual Corporation common stock for $6,000. The stock a discount rate of 8%, what is the economic period dividends of $400 per year indefinitely. Assuming a discount rate of 8%, what is the economic value of this investment