1. Credit risk mitigation always comes at a cost. How would you decide if the benefit of credit risk mitigation outweighs the cost of doing so? Give an example.

2. Assume that in 2009, a Morgan silver dollar minted in 1900 sold for $9,650. Required: What was the rate of return on this investment? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Enter your answer as a percent rounded to 2 decimal places (e.g., 32.16).) Rate of return.