1)Suppose you take out a margin loan for $32,000. The rate you pay is an effective rate of 7.6 percent. If you repay the loan in six months, how much interest will you pay?

2)Suppose you hold a particular investment for 6 months. You calculate that your holding period return is 5.8 percent. What is your annualized return?

3)Suppose you buy stock at a price of $35 per share. Four months later, you sell it for $40. You also received a dividend of $.46 per share. What is your annualized return on this investment?