Like financial metrics, sustainability metrics are standardized
Indicate whether the statement is true or false
FALSE
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Wendy purchased 800 shares of Robotics stock at $3 per share on 1/1/09. Wendy sold the shares on
12/31/09 for $3.45. Robotics stock has a beta of 1.3, the risk-free rate of return is 3%, and the market risk premium is 8%. The required return on Robotics stock is A) 16.5%. B) 21.1%. C) 17.6%. D) 13.4%.
Which of the following statements about interest-only mortgages is not true?
A) Interest-only mortgages cannot be Qualified Mortgages under The Consumer Financial Protection Bureau's rules. B) Mortgage payments may increase abruptly. C) Interest-only mortgages allow the borrower to pay only interest for the life of the mortgage. D) Interest-only mortgages were popular before the financial crisis.