Question: what is the total return for a stock that currently sells for $350, just paid a dividend of $4.15, and has a constant growth rate
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what is the total return for a stock that currently sells for $350, just paid a dividend of $4.15, and has a constant growth rate of 6.5 percent? (Do not round intermediate steps. Round final answer to 2 decimal places. No unit should be included.)
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Woodin Corp. currently has an EPS of $7.40 and the benchmark PE for the company is 12. Earnings are expected to grow at 3.5 percent per year. What is the target stock price in one year?
3. You need a 15-year, fixed-rate mortgage to buy a new home for $250,000. Your mortgage bank will lend you the money at a 8.6 percent APR for this 180-month loan. However, you can afford monthly payments of only $1,000, so you offer to pay off any remaining loan balance at the end of the loan in the form of a single balloon payment. How large will this balloon payment have to be for you to keep your monthly payments at $1,000?
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