1.) Kahlil bought 100 shares of Cisco for $24.00 per share on January 1st, 2008. He received a dividend of $5.00 per share at the end of 2008 and sold his stock for $18.00 per share. What was Kahlil's realized return?
2.) Assume that Ken has a choice between two deposit accounts. Account 1 has an annual percentage rate of 7.55 percent, but with interest compounded monthly. Account 2 has an annual percentage rate of 7.45 percent with interest compounded daily. Which account provides the highest effective annual return?
3.) You are planning to buy your first house. The cost of the house is$200,000, of which you will pay 20% as a down payment and finance the reminder. The mortgage on the 30-year loan with the monthly payment is 6% compounded monthly. What is the monthly payment amount on the loan and how much of your first month's payment will go towards principle?