Barb and Bob want to purchase a new home but don't know how much mortgage they can qualify for.The lender requires total installment loan payments not exceed 35% of gross monthly income.Based on Barb and Bob's financial data below,what is the maximum monthly mortgage payment for which they can qualify? 
Definitions:
Beta
An indicator of how much a stock's price fluctuates compared to the general market, representing its relative risk.
Risk-Free Rate
The expected yield on an investment that is considered completely risk-free, often linked to government securities.
Market Risk Premium
The additional return expected by investors for taking on the risk of investing in the stock market over a risk-free investment.
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