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7 A mortgage loan is taken out for the amount of $250,000. It is a conventional mortgage thirty years, monthly payments. Then mortgage interest

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7 A mortgage loan is taken out for the amount of $250,000. It is a conventional mortgage thirty years, monthly payments. Then mortgage interest rate in 6.79%. Calculate the monthly payment a. 1,525.45 b. 1.628.14 C. 1,725.24 d. 1,803.33 8 Microsoft's stock has a beta of 1.25. The risk free rate is 2.45%, and the expected rate on stocks is 11%. What is the required return for Microsoft using CAPM. a. 13.14% b. C. d. 14.25% 15.35% 16.39% 9 A bond with a $1,000 par value has an 7.35% coupon rate. It will mature in 5 years, and coupon payments are made annually. Present annual yields on similar bonds are 8.35%. What should the current price be; a. 1,015.25 b. 998.35 C. 997.15 d. 960.44

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