Todd Foley is applying for a $120,000 mortgage. He can get a $840 monthly payment for principal and interest and no points, or a $756 monthly payment with 4 points? How many months will it take Todd to cover the cost of the discount points if he takes the lower monthly payment? Beverly Frickel purchased 230 shares of GS stock for $35.50 per share. Her commission for this purchase was $45. She sold the stock two years later for $64 per share and a commission of $60. While she held the stock it paid a dividend of $2.90 per share. What was Beverly's total dollar return on this stock? Patricia McDonald has determined the following information about her own financial situation. Her checking account is worth $550 and her savings account is worth $1,700. She owns her own home that has a market value of $98,000. She has furniture and appliances worth $13,000 and a home computer and laptop worth $3,400. She has a car worth $10,500. She has also purchased some stock worth $4,700 and she has a retirement account worth $40,000. What is the total value of her assets? Ten years ago, you began investing $2,000 a year. Because your investments earned an average of 6 percent a year, your investment portfolio has a current dollar value of $26,000. How much did you earn on your investments over the 10-year period of time? | Michelle Duncan wants to know her affordable home purchase price. Her annual gross income is $44,400. She has $670 per month of other debt and expects her property taxes and homeowners insurance to cost $220 per month. She knows she can get a 8.00%, 30-year mortgage so that her mortgage payment factor is $7.34. She expects to make a 20% down payment. What is Michelle's affordable home purchase price?(Round your answer to the nearest dollar amount.) | A company has 1,000 shareholders who own a total of one million shares of its common stock currently selling at $176.00 per share. The company earned $12,000,000 after taxes. The annual dividend is $0.30 per share. The firm has assets of $134,000,000 and liabilities of $24,000,000. What is the book value per share of common stock? | A company has 1,000 shareholders who own a total of one million shares of its common stock currently selling at $176.00 per share. The company earned $12,000,000 after taxes. The annual dividend is $0.30 per share. The firm has assets of $134,000,000 and liabilities of $24,000,000. What is the book value per share of common stock? | | |