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You are offered a loan of US$180,000 by a bank. The loan will have payments of $12,450 per year for 20 years. What interest rate

You are offered a loan of US$180,000 by a bank. The loan will have payments of $12,450 per year for 20 years. What interest rate is the mortgage company charging you?

Use the historical dividend data below to calculate the constant growth rate, estimate the price of O'Brien Ltds common stock knowing that the investor has an 19% required rate of return.

2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
$0.42 $0.48 $0.56 $0.65 $0.75 $0.88 $0.99 $1.10 $1.13 $1.37

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