1. 7.07 Stock Valuation Burkhardt Corp. pays a constant $13.50 dividend on its stock. The company will maintain this dividend for the next 9 years and will then cease paying dividends forever. If the required return on this stock is 9.2 percent, what is the current share price?
2. You borrow 10,000 and agree to repay the loan with 5 level payments of 2,500 at the end of each payment period. What interest rate are you paying?
3. Is the United State a pure capitalist country? why or why not? What about China.