Suppose you had to choose between a 12% 30-year mortgage or…

Suppose you had to choose between a 12% 30-year mortgage or an 11.4% mortgage with 2 discount points.  Assume you wished to borrow $[x]. What will be the monthly payment if you want to take the 2 discount points. (Please use 4 decimal points in your calculation and keep two decimal points in your answer. For example, your answer should be something like 879.46)

According to the Gordon growth model, what is an investor’s…

According to the Gordon growth model, what is an investor’s valuation of a stock whose current dividend is $1.00 per year if dividends are expected to grow at a constant rate of [x] percent over a long period of time and the investor’s required return is [y] percent?