Question: Question 8 (2 points) Billy's Baseball Shop recently bought supplies on credit for $900. The terms that Billy was given are 4/10 net 70. What

 Question 8 (2 points) Billy's Baseball Shop recently bought supplies on
credit for $900. The terms that Billy was given are 4/10 net

Question 8 (2 points) Billy's Baseball Shop recently bought supplies on credit for $900. The terms that Billy was given are 4/10 net 70. What is the implied interest rate on the credit given? 23.72% 21.75% 25.81% 28.19% Question 9 (2 points) LMG Company's has a beta of 0.8. If you invested 60% or your portfolio in LMG company's shares, and the remainder in a market portfolio, what would be the beta of your entire portfolio? 0.8 0.88 0.92 1

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