The royal seattle investment club has $100,000 to invest in the equity market. frasier advocates investing the funds in ksea radio with a beta of 1.6 and an expected return of 16.8%. niles advocates investing the funds in northwest medical with a beta of 1.1 and an expected return of 14.7%. the club is split 50/50 on the two stocks. you are the deciding vote, and you cannot pick a split of $50,000 for each stock. before you vote, you look up the current risk-free rate (the one-year u. s. treasury bill with a yield of 4.00%). which stock do you select?

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

Why is efficiency an important economic goal?

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?