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Toll Brothers Inc, builds and finances luxury homes in the U.S.. Toll Bros. offers a 27 year mortgage where the borrower makes no payments during

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Toll Brothers Inc, builds and finances luxury homes in the U.S.. Toll Bros. offers a 27 year mortgage where the borrower makes no payments during the first year. The promotion is offered on its entry level design, The Refuge, which sells for $1100000. What are the monthly payments after the first year? Toll Bros. offers an annual interest rate of 3.5%. Assume that this offer is in the U.S. where banks charge a periodic interest rate of i/m. Round your answer to the nearest dollar. You want to buy $15000 worth of shares in Tootsie Roll Industries Inc. on margin, but you only have $10000 of your own money to invest. You will borrow the remainder by short-selling the risk free asset. What is the portfolio weight for the risk free asset? Express your answer in decimal form (not percentage) and round your answer to two decimal places

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