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Consider a spo,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 12%.

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Consider a spo,000 loan to be repaid in equal installments at the end of each of the next 5 years. The interest rate is 12%. a. Set up an amortization schedule for the loan. Do not round intermediate calculations. Round your answers to the nearest cent. If your answer is zero, enter"0" Year Payment Repayment Interest Repayment of Principal Balance $ $ 4 $ $ $ Total $ b. How large must each annual payment be if the loan is for $60,0007 Assume that the interest rate remains at 12% and at tiloan is still paid off over 5 years. Do not round intermediate calculations. Round your answer to the nearest cent. c. How large must each payment be if the loan is for $60,000, the interest ate is 12%, and the loan is paid off in equating plings at the end of each of the next 10 years? This loan is for the same amount as the loan in part b, but the payments are spread out over twice as many periods. Do not undermediate calculations. Round your answer to the nearest cent. $ Why are these payments not half as large as the payments on the loan in part ? 1. Because the payments are spread out over a longer time period, more principal must be paid on the loan, which raises the amount of each payment II. Because the payments are spread out over a longer time period, less interest is paid on the loan, which raises the amount of eady payment. III. Because the payments are spread out over a longer time period, less interest is paid on the loan which towers the amount of each payment IV. Because the payments are spread out over a shorter time period, more interest is paid on the loan, which lowers the amount of each payment V. Because the payments are spread out over a longer time period, more interest must be paid on the loan, which raises the amount of each pa Select Expected Return Fania-French Portfolio Required Return - Required Rate of Retam Historical Realized ROR ? 78F Sunn

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