With your personal finances taken care of, you feel prepared to open your flower shop. You secure a small business loan for $60,000. You want to spend $30,000 of that loan renovating the space for your shop and $15,000 on equipment needed to store the flowers and create arrangements. Rent will be $700 per month or $4,200 for the first six months the shop is open and utilities will be approximately $76 per month or $456 for the first six months. You also want to spend $2,000 on flowers and supplies to stock the shop for the first month and $600 per month for the next five months to restock flowers and greenery. a) Create a budget for the shop’s opening with this information.

The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.

Review the key ethical and social issues over the last five decades and place each on the timeline in chronological order. note that once you complete this part of the question, you will be unable to adjust your answers.