1. If a company accepts only projects that meet or exceed it's weighted average cost of capitol, that company will consistently be creating shareholder value
True or False?
2. What is the monthly payment on a standard 30 year fixed rate commercial loan at 6.75% with a balloon payment after 10 years and an LTV of 78% on a $750,000 property?
A) $6,717.21
B) $8,611.81
C) $3,794.30
D) $4,864.49
2. Your home has a market value of $300,000 and an assessed value of 90% of market value.Your local government charges a total of 12.5 mills in propert taxes. Given you are eligible for a $2,000 homestead exemption, what are your annual property taxes
A) $3,350
B) $3,188
C) $6,105
D) $6,030