1. John took out a 11-year loan for $50797 from his local bank at an annual rate of 8.8%. If he plans to make weekly payments, how much will each payment be?
2. You purchased 250 shares of a particular stock at the beginning of the year at a price of $68.12. The stock paid a dividend of $.85 per share, and the stock price at the end of the year was $76.45. What was your dollar return on investment?
3. Describe variables that affect demand and supply for bonds? How do the supply curve and demand curve shift if the variables increase?