Question: House Price Down payment Based on the down payment and mortgage information in TABLE 2, calculate the variables below: To calculate payment, you must use

 House Price Down payment Based on the down payment and mortgage

House Price Down payment Based on the down payment and mortgage information in TABLE 2, calculate the variables below: To calculate payment, you must use the "PMT function in excel Be sure to enter interest rate appropriately (monthly Loan Amount 2 points 15-year loan interest rate monthly perfods in 15-year loan 30-year loan interest rate monthly periods in 30 year loan monthly payment on a 30 y loans PMT function total interest and over the life of 30 y loan 2 points TABLE Tall Oaks Company is a mature firm that currently pays a smal dividend Tal Oaks just paid an annual dividend of $1.60 perware The dividend w grow at a rate of 3% per year. The required rate of retum on Tall Oaks stocks 10.3 per year Divendapat Use the information in TABLE 3 to calculate the values shown below Year dividend Today's Tulos Hequired turn on stock ock price

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