1. What do you think of Facebooks recent data scandal? Should this change its long term prospect? If yes, how? It’s shares have dropped by more than 10%. Is it a good time to buy? Explain your reasoning.
2. What is the present value of the following annuity? 4083 every year at the end of the year for the next 7 years, discounted back tot he present at 17.61% per year, compounded annually?
3. Oppenheimer Bank is offering a? 30-year mortgage with an EAR of 5.125%. If you plan to borrow $190,000?, what will your monthly payment? be?