1. Compute the monthly payments on a 3-year lease for a $27577 car if the annual rate of depreciation is 18% and the lease's annual interest rate is 3.6%.
2. Every year, you will pay taxes on:
a. The distributions of an open-ended mutual fund.
b. The gains in the “unrealized” value of the shares of a closed-end mutual fund.
c. neither of the above
d. both of the above
3. What does a security bring to the risk of a well diversified portfolio?
A. It brings its standard deviation of possible returns.
B. It brings its covariance with the other securities in the portfolio.
C. It brings its total risk.
D. It brings its systematic risk.
E. Both B and D