1. Medical Association of Orlando Inc. is borrowing $3,000,000 to expand its business. The loan will be for ten years at 8% and will be repaid in equal annual installments. Please complete the amortization schedule.
2. An individual has $50,000 invested in a stock with a beta of 0.3 and another $45,000 invested in a stock with a beta of 1.8. If these are the only two investments in her portfolio, what is her portfolio's beta? Round your answer to two decimal places.
3. Assume that the risk-free rate is 6.5% and the required return on the market is 9%. What is the required rate of return on a stock with a beta of 1.4? Round your answer to two decimal places.