You have contracted to buy a house for $521,250, paying $104,250 as a down payment and taking a fully amortizing mortgage for the balance at a 4.25% annual interest rate for 30 years. What will your monthly payment (covering principal and interest) be if you make monthly installments over the next 30 years (round to the nearest dollar) 2041 2051 2061 2071 What is the market rate of return if Milanese Inc.'s cost of equity is 13.246% and the company has a beta coefficient of 1.37%. The expected risk-free return is 5.3%. 12.2% 11.6% 11.1% 10.7% Five years ago Constellation, Inc., sold an issue of 20-year $1000 par bonds to finance a new distribution terminal. The bonds pay 7.0% interest, semi-annually. Today's required rate of return for similarly rated bonds is 5.7%. How much should these bonds sell for today? (Round off to the nearest $1.) 782 862 1130 1160 HiFli Corp. plans to maintain its optimal capital structure of 40 percent debt, 10 percent preferred stock, and 50 percent common stock and retained earnings far into the future. The required rate of return on each component is debt: 8.7 per cent; preferred stock: 11 per cent; common stock and retained earnings: 14 per cent. Assuming a 40 percent marginal tax rate, what is the minimum after-tax rate of return that Action must earn on its investments? 6.95 9.85 10.19 11.00