1. Using the add-on method, calculate the APR of a loan for $11,150 at 8% for 3 years. (Do not round intermediate calculations. Round your answer to the nearest tenth percent.)
2. What is the The Formula for calculating Taxable Income for Corporations.
3. LMN Co. sells ordinary shares at P 50 with expected dividends of P 3.50 and expected growth rate of 8%. What is the cost of equity.