Finance Loan Basics : Compute the amount

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```					              Sub: Finance                                                                            Topic: Loan Basics

Question:
Compute the amount yearly loan repayment

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Description: Compute the price of stock using dividend discount model. : Draper Company's common stock paid a dividend LAST year of \$3.70. You believe that the long-term growth in the dividends of the firm will be 8 percent per year.
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