At Eady Corporation, maintenance is a variable overhead cost that is based on machine-hours. The performance report for July sho
1 answer:
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Answer:
share price today = $42.92
Explanation:
given data
annual dividend paid = $3.60
dividends = $3.80
dividends = $4.10
dividends = $4.25
dividend increase = 3.25 percent annually
discount rate = 12.5 percent
solution
we find here horizon value that is express as
horizon value P1=
horizon value P1 = $47.44
so share price today will be
share price today =
share price today P2 =
share price today = $42.92
Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
<h3>What is the payment monthly?</h3>The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.
<h3>What is a loan amortization schedule?</h3>
It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner
It is given that:
- Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
- A fixed annual interest rate of 2.7% compounded monthly for 15 years.
The formula is:
Plug all the values in the above formula:
$1420.
Hence,
Cassidy's approximate monthly payment stands at $1420.
To learn more about monthly payment, refer
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