1. Dinero Bank offers you a five-year loan for $54,000 at an annual interest rate of 7.5 percent. What will your annual loan payment be? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Annual loan payment $
2. If you put up $53,000 today in exchange for a 6.75 percent, 14-year annuity, what will the annual cash flow be? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
3. J harpers Inc stock has a 50% chance or producing a 30% return. a 30% chance of producing a 10% return. and a 20% chance of producing a -20% return. what is Harpers expected return?