Use the information in the table on the excel worksheet to answer the questions a, b, c a. If the expected return on the market = 11% and if the expected return of investing in Microsoft is 10.35%, what is the risk-free rate? b. Using the risk-free rate that you calculated in part a and the expected return on the market of 11%, calculate the return on General Motors. c. Calculate the beta of a portfolio that consists of 35% of GM, 25% of MSFT and 40% of ED. 5. You have just made an offer on a new house and are seeking a mortgage. You need to borrow $500,000. a. The bank offers a 30-year mortgage with fixed monthly payments and an interest rate of 6.24% per year. What is the amount of your fixed monthly payments if you take this 30-year loan? b. Alternatively, the bank offers a 15-year mortgage with fixed monthly payments and an interest rate of 5.76% per year. What is the amount of your fixed monthly payments if you take this 15-year loan? c. Suppose you take the mortgage described in part a, how much will you still owe on the mortgage after 15 years? d. How much more will you pay in interest if you take the 30-year mortgage, instead of taking the 15-year mortgage? 6. (33 points) Huskies Company is considering a new four-year expansion project that requires an initial purchase of equipment of $2.5 million ($2,500,000).