Your estimate of the market risk premium is 7%. The risk-free rate of return is 4%, and General Motors has a beta of 1.4. According to the Capital Asset Pricing Model (CAPM), what is its expected return?

The "Repo Man" recently repossessed your car for failure to make payments. You still owed $5,000 on the loan, but since it was always broken,

you were glad to get rid of it anyway. The bank sold the car at a wholesale auction for $3,000. The bank also paid the "Repo Man" $200 and paid attorney fees of $300. Based on the deficiency payments clause in your loan, what are you liable for? A) $0; repossession means the bank must "eliminate" the debt B) $500 C) $2,000 D) $2,500 E) None of the above

The two major organized stock exchanges in the Unites States are the ________ and the ________

A) AMEX; Chicago B) NYSE; AMEX C) NYSE; Chicago D) NYSE; Pacific E) AMEX; Pacific