1. Let's assume you have taken out a car loan. The loan is for $20,000, monthly payments are made for five years, and the annual interest rate is 1.8%. What will the monthly payment be?
2. Vintage, Inc. has a total asset turnover of 0.64 and a net profit margin of 3.23 percent. The total assets to equity ratio for the firm is 2.0. Calculate Vintage’s return on equity.
3. Company A has a beta of 0.80, while Company B's beta is 1.25. The required return on the stock market is 11.00%, and the risk-free rate is 4%. What is the difference between A's and B's required rates of return? Show work