QUESTION $10$

Pasteur Inc. $($PI$)$ common stock has a beta of $1\mathrm{.}2.$ If the expected return on the market is $11$ percent and the risk$-$free rate is $6$ percent, what is the required rate of return for $\frac{?}{PI}?$

A$.9\mathrm{.}60\%$

B$.10\mathrm{.}80\%$

C$.12\mathrm{.}00\%$

D$.13\mathrm{.}20\%$

E$.14\mathrm{.}40\%$

F$.15\mathrm{.}60\%$

G$.16\mathrm{.}80\%$

H$.18\mathrm{.}00\%$

QUESTION $11$

Michael can afford a monthly car payment of $$625$ for $72$ months at an annual interest rate of $6\mathrm{.}0$ percent. Which of the following is closest to the amount he will be able to borrow for a new car?

A$.$ $$28,124$

B$.$ $$29,943$

C$.$ $$31,810$

D$.$ $$33,726$

E$.$ $$35,693$

F$.$ $$37,712$

G$.$ $$39,784$

H$.$ $$41,912$