1. An office building is bought for $100,000. 48 Percent of the purchase is financed with debt, leading to annual payments of $9,628. The property produces an NOI of $11,804. Calculate the equity dividend rate in percent?
2. A stock has an annual return of 10.6 percent and a standard deviation of 42 percent. What is the smallest expected gain over the next year with a probability of 1 percent?