1. Explain the relationship between a pay or bank and its customers
2. Tomohawk productions has a beta of 1.45. the required return on tomohawk is 17.00% and the expected return of the stock market is 12.65% what is the implied risk free rate.
3. Bank A has a Net Interest Margin of 68.74% and bank B has a Net Interest Margin of 37.37%, does bank A have a Favorable or Unvaorable Net Interest Margin compared to bank B? Explain your reasoning.