1.For a ____________ loan, the asset being built or renovates is normally the collateral for the loan....
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1.For a ____________ loan, the asset being built or renovates is normally the collateral for the loan.
Construction
SBA 7(A) l
CDC-504
Mezzanine
2.Susan is starting her food truck business and her cost of equity can be estimated using the Capital Asset Pricing model. The T-bill rate is at 2% and the market rate is at 12%. Since this is a brand-new venture, the risk is pretty high, so it has a beta of 1.5. What is Susan's cost of equity?
14%
15%
16%
17%
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