![Frenchfries13](/avatars/19231.jpg)
Frenchfries13
15.02.2021 •
Business
You decided to take advantage of the Black Friday deals and buy kitchen cabinets at Home Depot. You will be paying for the cabinets with a Home Depot consumer loan in the amount $7,130. To pay off the loan you will be required to make monthly payments for 4 years. The loan interest rate is 5 percent per year. Calculate the amount of each payment.
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Ответ:
3%
Explanation:
The computation of the abnormal return of the stock is shown below:
= Rf + Beta (Rm - Rf)
= 15% + 1.2 (25% - 15%)
= 15% + 12%
= 27%
Now actual return is
=[ $1.60 + ($14 - $12)] ÷ $12
= 0.3
= 30%
ANd, finally the abnormal return is
= 30% - 27%
= 3%