The additional amount over the amount borrowed that the consumer must repay. This includes fees, interest, and other charges.
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
Gain or loss from the sale of property must be calculated. The loss from foreclosure of property must be subtracted from wage income.
Answer:
Id say the last or first one
Answer:
The cost of equity capital is 8.24%
Explanation:
The cost of equity capital of a firm is the required rate of return on a firm's equity. In case of common equity, the required rate of return (r) can be calculated using the CAPM approach. The formula for required rate of return or cost of equity capital under this model is,
r = rRF + Beta * rpM
Where,
- rRF is the risk free rate
- rpM is the risk premium on market
r = 0.025 + 0.77 * 0.0745
r = 0.082365 or 8.2365% rounded off to 8.24%
