Maura had to get a $350 emergency loan at a very high interest rate to pay for dental work. the lender did not need her credit history. if she does not pay back the loan within three weeks, she will have to pay an extra $50. raina says the loan is an example of easy-access credit while maura says it is an example of open-end credit. which statement about the loan is correct? raina is correct because the loan is a line of credit. maura is correct because the loan has an interest rate. raina is correct because the loan has a large fee if it is not repaid on time. maura is correct because the loan does not have an annual fee.

Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.