For a free-risk investment, the opportunity cost of capital will generally be more than the interest rate offered by U.S. Treasury securities with a similar term

Opinion leaders are also referred to as ________

A) influentials B) lower uppers C) innovators D) lagging adopters E) surrogate consumers

A perpetuity pays $550 at the end of every month. The PV of the perpetuity is $36,000. What is the monthly periodic rate on the perpetuity?

A) 1.53% B) 1.62% C) 1.85% D) 2.04% E) 3.25%