1.For a ____________ loan, the asset being built or renovates is normally the collateral for the loan.

 Construction

 SBA 7(A) l

 CDC-504

 Mezzanine

2.Susan is starting her food truck business and her cost of equity can be estimated using the Capital Asset Pricing model. The T-bill rate is at 2% and the market rate is at 12%. Since this is a brand-new venture, the risk is pretty high, so it has a beta of 1.5. What is Susan's cost of equity?

 14%

 15%

 16%

 17%