Tom got a 30 year fully amortizing frm for $400,000 at 6%, with constant monthly payments. after 3 years of payments rates fall and he can get a 27 year frm at 5%, but he must pay 2 points and $1500 in closing costs to get the new loan. think of the refinancing decision as an investment for tom, he pays a fee now but saves money in the future in the form of lower payments. what is the annualized irr of refinancing for tom assuming he prepays the new loan in 5 years? (clarification: tom will prepay the new loan 5 years after the house is purchased)

Which of the following areas provides residents with close access to high-paying jobs and cultural attractions? a. the suburbs b. exurbs c. rural areas d. the city 2b2t

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

Can someone me ? i’ll mark the best answer brainliest : )