1: Company Risk Premium A company has a beta of 1.88. If the market return is expected to be 19.3 percent and the risk-free rate is 6.65 percent, what is the company's risk premium?

2; Corporate income tax. A firm's annual revenues are $850,000. It expenses for the year are $515,000, and it claims $175,000 in depreciation expenses. 

(a)What does it pay in taxes, and 

(b) what is its