Happy-May Corp. has an expected return of 11.56%, beta of 1.4. Given the market return is 9%, what is the risk free rate?

Question 7 options:

	3.90%
	2.6%
	4.50%
	7.10%

Hawkeye just got a job and can make $500 monthly payment. If the bank offers first time homeowners 3.6% APR on a 30-year mortgage, how much is the value of the house he can afford now?

Question 8 options:

	$128,451
	$202,180
	$109,976
	$140,277